AMD Soars 7.7% to 52-Week High, Outpaces Intel’s 6% Rally
AMD•AMD shares surged 7.68% to a 52-week high, outpacing Intel’s 6.01% rally and BlackBerry’s 0.96% gain. The move coincided with Microsoft’s 1.21% advance as semiconductor and tech stocks led market strength.
1. AMD Tops 52-Week Highs
AMD shares climbed 7.68% on the latest trading session, marking the highest price level for the stock in 52 weeks. This surge outpaced peer Intel’s 6.01% rise and contributed to AMD’s leadership among semiconductor stocks.
2. Broader Tech Rally
Semiconductor and technology names dominated Thursday’s market, with Microsoft adding 1.21% as investor enthusiasm for chipmakers and software leaders drove major gains. The sector momentum underpinned broad market strength across key indices.
