AMD is trading 3.2% up at $482.59 in pre-market, extending last week’s strong rebound as sentiment improves across the AI chip sector.
- The move is supported by continued enthusiasm for the company’s data center and GPU roadmap following recent market volatility.
- A broader risk-on tone in technology is providing a tailwind, with major index futures pointing higher.
- The strength appears driven by sector sentiment and positioning, as no fresh company-specific headlines were released overnight.