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1 Green Flag for Advanced Micro Devices Stock in 2023, and 1 Red Flag

1 Green Flag for Advanced Micro Devices Stock in 2023, and 1 Red Flag

Investors have piled into Advanced Micro Devices (NASDAQ: AMD) stock in 2023, driving the shares up 89% year to date. After a temporary pullback over the summer, the stock surged higher following the release of the company's third-quarter financial results. It is enjoying solid momentum in sales of central processing units (CPUs).