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Benzinga
Benzinga
Business
Vaishali Prayag

What's Going On With AMD Shares Today?

Advanced Micro Devices, Inc. AMD

Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) are trading higher Wednesday, adding to gains of more than 25% over the past month. Here’s a look at what’s going on.

What To Know: AMD shares are rallying this week after the chipmaker announced a new collaboration with HCLTech aimed at accelerating enterprise digital transformation. The two companies plan to establish joint innovation labs focused on developing solutions in AI, digital infrastructure and cloud computing.

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