I just thought I would interject this into the stream.
AMD, regardless of downgrades (Piper Sandler), will be back quickly. (It is barely down today)
The two headwinds they cited are non factors in the overall scheme of things. PC chips are a small part of AMD's portfolio, and INTC still dominates that market, however is losing share to AMD. The XLNX deal is talked about a lot, and of all the big deals going on, it seems to have the LEAST bad press. I haven't read or heard anything that seems overly negative.
Signed,
Your AMD PermaBull
Now, on with the SPY options gambling. Err, trading.