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. Stock
€205.85
-1.480%
The stock is one of the favorites of our community with 106 Buy predictions and 3 Sell predictions.
With a target price of 245 € there is a slightly positive potential of 19.02% for Advanced Micro Devices Inc. compared to the current price of 205.85 €.
