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
208,95 €
3,26 %
Die Advanced Micro Devices Inc. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Das Kursziel von 245 € für Advanced Micro Devices Inc. weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 208.95 € hin.
