AMD is trading at $201.15 (+4.49%) as the stock rebounds alongside AI peers like Nvidia following a broader market recovery.

  • The rally follows a 17% drop on February 4 caused by earnings concerns regarding China revenue declines and supply chain risks.
  • AMD recently reported record Q4 revenue of $10.27B driven by Data Center growth, though shares initially reacted negatively to guidance risks.
  • Today's gains mirror a ~1% rise in the S&P 500 and Nasdaq as investors look past recent weak jobs data and AI capex fears.