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Wajeeh Khan

AMD Stock Alert: Advanced Micro Devices Joins the Trillion-Dollar Club

AMD Advanced Micro Devices Nvidia

Advanced Micro Devices (AMD) stock ripped further up on Sept. 21, helping the company’s market cap exceed $1 trillion for the first time. As of this writing, AMD sits decisively above its key moving averages (MAs), with an RSI in the early 70s indicating intense buying pressure.

At the time of writing, AMD shares are trading at about 3x their price at the start of this year.

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