02.01.2020., 22:01
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#7070
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McG
Datum registracije: Feb 2014
Lokacija: Varaždin
Postovi: 8,214
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AMD hits all-time high, taking out record that stood since 2000
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Citiraj:
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The return to record levels is just the latest move higher for AMD, which spiked almost 150% over the course of 2019, making it the biggest percentage gainer among S&P 500 components. Shares have gained more than 70% since a recent low in October. AMD’s 2019 rally was due in large part to optimism surrounding new products. It unveiled the latest generation of its Ryzen desktop processor in May, news that was followed by the August announcement of a new server processor. Both were seen as heightening AMD’s competitive edge over Intel Corp. AMD also announced that it would be the main chip vendor for an upcoming Microsoft Corp. video-game console. A test for AMD shares will come later this month, when it is expected to report its fourth-quarter results.
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Izvor: Bloomberg
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