AMD Stock Finishes Strong: Advanced Micro Devices Shares Jump 4.5%

Shares of Advanced Micro Devices Inc (NASDAQ: AMD) closed the trading day significantly higher in the United States market on Wednesday. The semiconductor stock ended the regular session on April 24th at 94.47 USD.

This closing price represented a robust gain of

0.52 (0.55%) to reach $94.99 as of 8:00 PM GMT-4.

Throughout the trading day, AMD demonstrated considerable strength. Opening at $91.59, above the prior close of $90.39, the stock maintained an upward trajectory. It reached an intra-day high of $94.75 and saw a low of $90.37, indicating solid buying interest as shown on the 1-day chart.

Advanced Micro Devices is a major force in the technology sector, with a market capitalization listed as 15.27KCr (representing a value well over $200 Billion USD based on current metrics). The company currently trades with a Price-to-Earnings (P/E) ratio of 94.24. AMD does not currently offer a dividend yield.

Wednesday’s strong close pushes AMD further from its 52-week low of $76.48, though it remains well below the 52-week high of $187.28. The strong performance suggests continued investor confidence in the chipmaker.