Why Advanced Micro Devices Stock Gained 10% in September
The following week, Reuters reported a victory over Intel to design a key chip for Sony 's PlayStation 6, and Citigroup reiterated AMD as a top AI pick. AMD also got a boost on the Fed's rate cut, gaining 4.5% on Sept. 19, along with a broader upswing in the market.
Here's How Much You Would Have Made Owning Advanced Micro Devices Stock In The Last 20 Years
Advanced Micro Devices AMD has outperformed the market over the past 20 years by 4.85% on an annualized basis producing an average annual return of 13.29%. Currently, Advanced Micro Devices has a market capitalization of $268.38 billion.
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