
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.