Why AMD Stock Surged Higher This Week
Shares of Advanced Micro Devices (NASDAQ: AMD) have run sharply higher this week, surging as high as 14.7%. As of 2:16 p.m. EDT Thursday, the stock was up 14.5%. The semiconductor company was riding the wave of breakout financial results for the second quarter.
Not only did the chipmaker easily clear Wall Street's expectations, but its growth accelerated from the already robust results it achieved in the first quarter.
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Source Fool.com
