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With supply chain “glitches” continuing to shred revenue and earnings forecasts for technology companies such as Micro Technology (MU) on Tuesday of this week, I think the risk/reward trade off from a high momentum chip stock such as Advanced Micro Devices has shifted toward risk at least for the next couple of quarters.

I’ll be selling the stock out of my Jubak’s Picks Portfolio tomorrow, Thursday, September 30, with a gain of 8.8% since I added it to this portfolio back on July 1, 2021.

The stock is up 27.73% in the last 12 months but down 8.87% in the last month as of the close on September 28.