Why AMD Stock Jumped 28% in June
Shares of Advanced Micro Devices (AMD -4.02%) were moving higher again last month as the chip stock made more acquisitions to push its AI strategy and unveiled its future plans and goals at its Advancing AI conference. Additionally, the stock benefited from the broader upward trend in stocks on solid economic data and as concerns about the trade war faded. According to data from S&P Global Market Intelligence, the stock finished the month up 28%. As you can see from the chart below, the stock's gains primar ...