Advanced Micro Devices is trading 4.17% up now at $533.85 after reports that it plans approximately 10% fourth-quarter price increases for GPUs and chipsets, citing higher TSMC manufacturing costs.
- The move is also supported by a broader semiconductor rebound, renewed AI optimism, bullish analyst commentary, and a stronger technology-market backdrop.
- Industry coverage has highlighted continued AI-compute demand and positive sentiment toward chip stocks.