Advanced Micro Devices is trading 3.04% up at $54.20 after management reportedly indicated that CPU and GPU demand is running ahead of available supply during a September 15 investor call.
- The advance aligns with a firmer technology market, with the Nasdaq Composite up 0.57%.
- Investors await the Federal Reserve’s 2:00 PM ET decision.
- The company-specific demand signal appears to be the primary catalyst, with broader risk sentiment providing support.