Stock summary: Advanced Micro Devices posted weekly surge of 5.22%

Advanced Micro Devices Inc. closed at 121.46 USD on January 17, recording a solid gain of +6.03 USD (5.22%) over the past five days.

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Advanced Micro Devices Inc. closed at 121.46 USD on January 17, recording a solid gain of +6.03 USD (5.22%) over the past five days. This increase highlights investor confidence in the company’s continued leadership in the semiconductor industry, particularly in its CPU and GPU segments.

During the trading session, AMD’s stock reached a high of 122.74 USD and a low of 120.55 USD, with an opening price of 120.78 USD, indicating healthy market movement within a narrow range.

In after-hours trading, AMD’s stock inched up to 121.50 USD, a minor increase of +0.040 USD (0.033%), maintaining its momentum despite the close of regular trading. The company’s market capitalization stands at 19.71 thousand crore USD.

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Disclaimer: This article is for informational purposes only and does not constitute any financial advice.