Advanced Micro Devices, Inc. is trading 3.6% up now at $51.00 as investors rotate back into high-beta chip names following last week’s sharp semiconductor sell-off.
- The move aligns with a broader rebound in risk assets, with the S&P 500 and Nasdaq both gaining over 1%.
- The recovery follows a 10% sector-driven drop on Friday, which was tied to a slump in Broadcom rather than any company-specific news for AMD.