MASSIVE OPENAI AMD DEAL TO CHALLENGE NVIDIA, GOLD APPROACHES THE MAGNET, STOCKS ROCKET 4.75% IN JAPAN
By Nigam Arora
To gain an edge, this is what you need to know today.
Challenging King Nvidia
Please click here for a chart of Advanced Micro Devices stock (AMD).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point.
- The chart shows the jump up in AMD stock on the news of the deal with OpenAI.
- The chart shows AMD stock is in zone 1 (resistance).
- The chart shows the Arora buy zone. Those who acted quickly on the Arora buy signal in the premarket have a fill on AMD and the position is profitable as of this writing.
October 6, 2025