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Here's Why AMD Stock Rose 29% in November

Here's Why AMD Stock Rose 29% in November

Shares of AMD (NASDAQ: AMD) climbed 29.3% in November following a positive earnings announcement, a new product announcement, and analyst upgrades. Investors are bullish about the semiconductor stock's momentum in the data center industry, which is an enormous market that's growing quickly. The chipmaker is struggling with a weak global PC market, but the company still reported nearly 30% growth in the third quarter.