🟢 Advanced Micro Devices, Inc. is trading 3.1% up today on Mext acquisition, Rackspace partnership, and Citi upgrade

Advanced Micro Devices, Inc. is trading 3.1% up at $54.10, extending a sharp rebound as AI-driven sentiment continues to bolster the stock.

• The rally is supported by the recent acquisition of AI memory optimization firm Mext and a new infrastructure partnership with Rackspace.
• Positive momentum is further fueled by a recent price target upgrade from Citi, allowing the stock to gain ground even as broader market indices trade mixed.