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Benzinga
Benzinga
Business
Henry Khederian

AMD Stock Is Surging Thursday: What's Driving The Action?

AMD

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher late Thursday, extending gains from Wednesday’s session fueled by multiple developments. Here’s what investors need to know.

What To Know: Investor enthusiasm is largely being driven by a Wednesday report that competitor Intel Corp (NASDAQ:INTC) is in early discussions to add AMD as a customer for its foundry business.

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