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.
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Source Fool.com
Advanced Micro Devices Inc. Stock
€182.70
0.630%
The stock is one of the favorites of our community with 109 Buy predictions and 2 Sell predictions.
With a target price of 230 € there is a positive potential of 25.89% for Advanced Micro Devices Inc. compared to the current price of 182.7 €.
