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Why AMD Stock Popped Wednesday Morning


Shares of Advanced Micro Devices (NASDAQ: AMD), commonly referred to as AMD, charged sharply higher on Wednesday, gaining as much as 8.9%. As of 11:34 a.m. ET, the stock was still up 4.9%.

There were multiple positive catalysts that fueled the artificial intelligence (AI) specialist's rally, including beneficial regulatory changes, rising Wall Street sentiment, and plans for a robust share buyback.

Image source: Getty Images.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€412.90
-1.890%
We can see a decrease in the price for Advanced Micro Devices Inc.. Compared to yesterday it has lost -€7.950 (-1.890%).
With 109 Buy predictions and 4 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 521 € shows a positive potential of 26.18% compared to the current price of 412.9 € for Advanced Micro Devices Inc..
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