AMD Shares Hit Record High as AI Demand Fuels Chip Rally
AMD reached record highs as strong AI chip demand fueled a broader rally across semiconductor stocks.
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AMD reached record highs as strong AI chip demand fueled a broader rally across semiconductor stocks.
AMD shares jump 12% after Intel results signal strong AI-driven CPU demand.
Rising memory prices push AMD and NVIDIA to consider ending production of budget gaming graphics cards.
Popular U.S. growth and tech names drop between 4% and 10% in a broad risk-off move across equities.
AMD secures over $45 billion in custom chip design contracts beginning in 2026, expanding into AI and high-performance sectors.