AMDC is trading at $20.62 (+4.05%), rebounding as AMD shares rise 1.22% pre-market and Nasdaq futures move higher, supporting leveraged technology exposure.
- Firmer risk sentiment and positioning ahead of August CPI, expected to show 0.4% monthly headline inflation after Thursday’s hotter PPI reading, are supporting the move.
- Strong Oracle results and broader AI optimism support semiconductor sentiment, while elevated oil prices and yields remain risks.