Why AMD Stock Soared Today
Advanced Micro Devices (NASDAQ: AMD) stock posted big gains Friday, thanks to some exciting news on the quantum computing front. The company's share price surged 7.6% higher in the daily sessions. Meanwhile, the S 500 gained 0.7%, and the Nasdaq Composite gained 1.1%.
AMD stock popped today following news that International Business Machines sees uses for the company's chips in quantum computing applications. The company's share price also got a boost from better-than-expected inflation data.
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Aktie
173,72 €
4,95 %
Die Community sieht Advanced Micro Devices Inc. positiv: Viel mehr Buy- als Sell-Einschätzungen.
Eine Steigerung von über 20% ist für Advanced Micro Devices Inc. möglich, angesichts eines Kursziels von 229 € gegenüber 173.72 €.
