Advanced Micro Devices is trading up 11.71% now at $63.90 after reports of roughly 10% fourth-quarter price increases for AI accelerators, Radeon graphics cards, and motherboard chipsets.
- The reported move reflects higher foundry costs and could improve margins; AMD has not confirmed the increases.
- Reuters called AMD part of a broader AI-driven semiconductor rally and noted it became the latest trillion-dollar chipmaker.
- Investor enthusiasm centers on potential pricing power, with semiconductor strength and improving risk sentiment adding support.