Why AMD Stock Is Jumping Today
Advanced Micro Devices (NASDAQ: AMD) stock is gaining ground again Tuesday. The company's share price was up 2.6% as of 12:30 p.m. ET. Meanwhile, the S 500 (SNPINDEX: ^GSPC) was down 0.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 0.3%. The stock had been up as much as 5% earlier in trading.
AMD's stock is rising today thanks to news that the Trump administration is suspending restrictions that prevented advanced semiconductors and other technologies from being exported to China. The semiconductor stock is also getting a lift from bullish analyst coverage.
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Source Fool.com
Advanced Micro Devices Inc. Aktie
412,90 €
-1,89 %
Leichtes Kaufinteresse bei Advanced Micro Devices Inc., mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 516 € für Advanced Micro Devices Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 412.9 € bedeuten.
