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AMD's stock jumps 9%. Here's what could be driving the optimism.

By MarketWatch   |   6 days ago
AMD's stock jumps 9%. Here's what could be driving the optimism.

AMD's stock surged over 9% as investors are optimistic about its new AI chips and systems revealed last week. The company's Instinct MI350 series accelerators received positive attention at the Advancing AI event, making AMD one of the top S&P 500 gainers.

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