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.
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Source Fool.com
Advanced Micro Devices Inc. Stock
€186.98
-0.750%
The stock is one of the favorites of our community with 107 Buy predictions and 3 Sell predictions.
With a target price of 236 € there is a positive potential of 26.22% for Advanced Micro Devices Inc. compared to the current price of 186.98 €.
