AMD Is Up 65% in April: It’s Not Just Intel Momentum

Shares of Advanced Micro Devices (NASDAQ:AMD) are trading near $333 in midday action Monday, down 4% on the session after Northland cut its rating. Even with today’s pullback, AMD stock is up 65%, one of the most remarkable monthly moves the chip sector has seen this year. The catalyst stack is broader than the headlines ... AMD Is Up 65% in April: It’s Not Just Intel Momentum