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Up 43% in weeks, is AMD stock set to keep soaring?
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Up 43% in weeks, is AMD stock set to keep soaring?
It has been an impressive few years for some microchip companies. While a lot of focus has been on Nvidia (with its share price up 1,360% over five years), it is not the only game in town. Advanced Micro Devices, known as AMD, has also been doing well. Over the past few weeks, AMD (NASDAQ: AMD) stock has shot up 43%. Its five-year performance leaves it trailing Nvidia badly. Still, at 103%, it means the share has more than doubled in that timefr…
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