AMD Stock Jumps as Microsoft, Samsung Earnings Reignite AI Chip Trade
Advanced Micro Devices shares are bouncing back Thursday as blowout results from Microsoft, Lam Research, and Samsung lift chip stocks.
Big tech companies like Microsoft and Samsung had great earnings reports, which made people feel hopeful about chip companies like AMD. When people feel good about a whole group of businesses, their stock prices tend to go up together.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.