Unusual Options Trading Activity for AMD
On Thursday, Advanced Micro Devices, Inc. (NASDAQ:AMD) experienced unusual options trading activity, with stock traders purchasing 1,069,156 call options on the company, marking an 88% increase compared to the typical volume of 569,665 call options. Several brokerages have provided their…
AMD Shares Surge on Optimism Over Demand for AI Chips from Tech Giants
AMD shares surged more than 8% on Tuesday to their highest closing price since November 2021, driven by optimism about the increasing demand for the company’s artificial intelligence (AI) chips from tech giants like Microsoft, Google, and OpenAI. Analysts at…