Reported 4 months ago
Advanced Micro Devices (AMD) stock rose on Wednesday following news of Taiwan Semiconductor Manufacturing Co's plan to increase chip production service prices. Reports also indicated AMD's partnership expansion with Samsung Electronics Co to develop 3-nanometer chip processing technology, potentially aiding Samsung's market position. Analysts highlighted AMD's strong pipeline, including upcoming AI and computing products, as well as its increasing market share in the Data Center compute industry. AMD stock has gained 36% in the last year, with investment options like Spear Alpha ETF (SPRX) and Pacer Funds Pacer Data And Digital Revolution ETF (TRFK) offering exposure to the stock.
Source: YAHOO