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AMD Shares Surge After High-Profile Deal With Meta Platforms

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AMD Shares Surge After High-Profile Deal With Meta Platforms

Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:

→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries are scheduled to begin in the second half of 2026.

→ AMD’s portfolio could include around 160 million META shares, representing roughly 10% of the company.

The market interpreted the news as a signal that AMD is successfully establishing itself as the second major chip supplier to tech giants, challenging Nvidia’s monopoly (incidentally, the market leader is due to release its quarterly report today).

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Following yesterday’s trading, AMD shares jumped more than 8%, closing near the highs on rising volume—a bullish sign. This partially offset the decline seen after the early-February earnings report, which was influenced by falling margins, supply chain issues, concerns over deliveries to China, and other factors.

Technical Analysis of AMD Shares

Analysis of AMD’s chart indicates that the ascending channel (shown in blue), which guided price growth throughout 2025, is losing relevance.

Currently, AMD’s shares are trapped between two gaps:

→ Support is provided by the bullish gap from 6 October, which includes the psychological $200 level, offering additional support for buyers.

→ Resistance comes from the bearish gap of 4 February, which aligns with the median of the descending channel (shown in red).

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It is reasonable to suggest that yesterday’s positive news offset the earlier negative sentiment, and in the short term, AMD shares may stabilise between the areas of the identified gaps.

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Crypto World

South Korea to Require Crypto, Stock Influencers to Disclose Holdings

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South Korea to Require Crypto, Stock Influencers to Disclose Holdings

South Korea is reportedly preparing new rules that would force social-media personalities promoting cryptocurrencies and stocks to reveal what they own and whether they are being paid.

Democratic Party lawmaker Kim Seung-won, a member of the National Assembly’s Political Affairs Committee, is drafting amendments to the Capital Market and Financial Investment Business Act and the Act on the Protection of Virtual Asset Users, according to a report from Korean-language business news website Herald Business.

Under the proposal, individuals who repeatedly offer advice or receive compensation to encourage the public to buy or sell financial products or virtual assets must disclose the compensation received and the type and quantity of assets they hold. The requirement would apply to advice delivered through publications, online communications and broadcasts, with detailed criteria to be set by presidential decree.

Violations may carry penalties similar in severity to those for market manipulation or insider trading, per the report.

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Related: Victim of a crypto scam? Here’s what to do next

Lawmaker warns on “finfluencer” investor risks

The initiative is aimed at reducing conflicts of interest and improving transparency in online investment promotion. “So-called fin-influencers are emerging, offering investment advice to unspecified individuals without compensation from positions of significant public influence,” Kim reportedly said.

“These individuals are providing inappropriate information and creating conflicts of interest. However, their opinions have significant influence on the public, causing unpredictable losses to investors,” he added.

Kim Seung-won, Democratic Party of Korea member. Source: National Assembly Library

The move comes as Financial Supervisory Service data shows reports involving quasi-investment advisors (QIAB), entities in Korea that provide general investment advice to people via media, jumped from 132 in 2018 to 1,724 in 2024, according to the report.

Cointelegraph reached out to Kim Seung-won for comment, but had not received a response by publication.

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Related: Influencers shilling memecoin scams face severe legal consequences

Global regulators tighten rules on finfluencers

Regulators abroad have also taken similar initiatives. The United Kingdom’s Financial Conduct Authority allows financial promotions only with prior approval, while the US Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) have issued fines and reprimands tied to undisclosed promotions.