Advanced Micro Devices Inc. Stock Rises 6.4%, Outperforms Market
Dow Jones2026/09/17 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. rose 6.4% to $545.09 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.1% to 7,637.76 and the Dow Jones Industrial Average rising 0.6% to 51,778.04.
This was the stock's third consecutive day of gains.
Advanced Micro Devices Inc. closed 6.8% below its 52-week high of $584.73, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. rose 2.5% to $219.34, Intel Corp. rose 7.7% to $108.80, and Applied Materials Inc. rose 0.49% to $417.40.
Trading volume totaled 28.2 million, compared to the 50-day average of 23.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 17, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Soluna expands Bitdeer co-mining deal to 35 MW at Project Kati 1
Nvidia Increases Share Repurchase Authorization by $150 Billion to $235 Billion Through Fiscal 2028
JPMorgan optimistic about renewed capital inflows into tech stocks: lower positions and falling valuations create opportunities
The JPMorgan team of strategists believes that as position crowding decreases, earnings performance remains strong, and valuations become more realistic, technology stocks will regain some of the momentum lost since mid-year. Investors are expected to re-enter the sector.
Nvidia increases stock repurchase authorization by 150 billion dollars