AMD extends June's surge

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Source: Dukascopy Bank SA


At the start of Wednesday's US trading hours, the stock price for AMD jumped by 4.30% or $3.80. The stock has recovered losses that were suffered since January.

The stock price extended a surge, which began two weeks ago. On June 17, it was revealed that Google would use AMD chips for their new services instead of competition. Namely, there will be a lot of demand for AMD productions, which signals growth of income.

Since June 17, the stock price has gained 15.87% or $12.79.
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