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Benzinga
Benzinga
Business
Henry Khederian

AMD Stock Surges As Dual Catalysts Boost AI Chip Sector

AMD Advanced Micro Devices Advanced Micro Devices, Inc Artificial Intelligence
The AMD Trade

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are trading higher Tuesday morning, as part of a broad rally across the artificial intelligence chip sector. Here’s what investors need to know.

What To Know: A primary catalyst for AMD Tuesday was a report on the Trump administration's plan to announce a massive $70 billion investment in U.S. AI and energy infrastructure.

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