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News 2026-07-30 18:40 UTC

AMD Stock Jumps as Microsoft, Samsung Earnings Reignite AI Chip Trade

Advanced Micro Devices Inc. (NASDAQ: AMD ) shares are bouncing back from months of weakness on Thursday as blowout earnings from Microsoft and Lam Research combined with a record quarter from Samsung reversed a brutal stretch for chip stocks. Advanced Micro Devices stock is among today’s top performers. Why is AMD stoc