AMD shares are trading higher in possible sympathy with Intel, which reported better-than-expected Q4 results and issued strong guidance.
Portfolio Pulse from Benzinga Newsdesk
Shares of Advanced Micro Devices (AMD) are trading higher, possibly in sympathy with Intel's better-than-expected Q4 results and strong guidance.
October 27, 2023 | 3:46 pm
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AMD's stock is trading higher, potentially due to Intel's strong Q4 results and guidance.
AMD's stock is likely rising due to Intel's strong Q4 results and guidance. As a competitor in the same industry, AMD's stock often moves in sympathy with Intel's.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100