What's Going On With AMD Stock Today?
Portfolio Pulse from Erica Kollmann
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading higher, up more than 5% on above-average trading volume. The company has gained 60% year-to-date due to new developments in artificial intelligence (AI) technologies. AMD CEO Dr. Lisa Su spoke about the impact of AI at the 2023 Code Conference.
September 28, 2023 | 5:13 pm
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POSITIVE IMPACT
AMD shares are trading higher due to new developments in AI technologies and the company's positive outlook on the impact of AI.
The rise in AMD's stock price can be attributed to the company's new developments in AI technologies and the positive outlook expressed by the CEO on the impact of AI. This has led to increased trading volume and a year-to-date gain of 60% for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100