Advanced Micro Devices, Inc. (AMD)
After hours:
- Yahoo Finance Video
Chip companies see demand for semiconductors fall heading into Q4
Tech reporter Dan Howley checks out how chip stocks fared in the first three quarters of 2022.
- Bloomberg
US to Announce New Limits on Chip Technology Exports to China
(Bloomberg) -- The Biden administration plans to announce new restrictions on China’s access to U.S. semiconductor technology, according to people with knowledge of the situation, an escalation of Washington’s efforts to stifle Beijing’s industrial ambitions and a risk to growth for the $550 billion sector.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanTrump Asks to Push Special Master Appeal Hearing to JanuaryNorth Korea Fires Missile Over Japan for Fir
- Motley Fool
Why Advanced Micro Devices Rallied Today
Shares of Advanced Micro Devices (NASDAQ: AMD) were rallying on Monday, up 4.3% as of 2:09 p.m. EDT. There wasn't too much company-specific news on AMD, although Bank of America analyst Vivek Arya did reiterate his buy rating on the chipmaker and several other cloud-related semiconductor stocks. Today, the beaten-down semiconductor sector was rising across the board, as investors seem to be buying the very big dip in chipmakers and other technology names that have seen significant declines year to date.
