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AMD Stock Rises. Intel’s Struggles Could Give It a Win.

AMD Stock Rises. Intel’s Struggles Could Give It a Win.

Advanced Micro Devices stock is still a winner despite the recent pullback in the chip sector, Piper Sandler says. The or SOX, which tracks chip stocks, has fallen about 15% so far this quarter, and AMD shares have slumped 8.7% so far this year.