🟢 AMD 2x ETF (AMDC) is trading 6.85% up today as semiconductor shares rebound

AMDC is trading at $21.77 (+6.85%) as AMD and broader AI-chip stocks rebound, lifting leveraged semiconductor exposure.

• AMD was reported approximately 2.81% higher premarket, while semiconductor shares advanced as investors recovered from recent AI-spending concerns.
• The broader risk-on move follows the Federal Reserve’s anticipated 25-basis-point hike on September 16, bringing rates to 3.75%-4.00% and removing immediate policy uncertainty.
• Nasdaq and S&P 500 strength are reinforcing the sector rally.