Advanced Micro Devices (AMD) shares reached a record high, with the stock last up 6.2% and subsequently climbing to a 6.7% increase, nearing 190. This surge has elevated AMD's market capitalization to $304.5 billion, marking the first time the company's value has crossed the $300 billion threshold. The stock's performance was highlighted by a notable setup in the opening minutes of trading, which, combined with significant call flow, contributed to its rise. Despite guiding down in six of the last seven quarters, AMD's stock has tripled, underscoring a remarkable growth trajectory. The company is now trading at a higher multiple than NVIDIA, indicating a strong market position. AMD's ascent has also placed it among the top 30 largest stocks globally, as per CompaniesMarketCap.
$AMD has now broken into the top 30 largest stocks in the world 🌎 - CompaniesMarketCap https://t.co/CrRopaqhHK
$AMD (+3.3%) is making new highs while its sentiment is at its peak reading all year Stocks don't get much frothier than this https://t.co/WT4NvueUhD
$AMD ADVANCED MICRO DEVICES SHARES RISE 3.8% TO FRESH RECORD HIGH
$amd breakout continues Alerts from yesterday https://t.co/9e0e4sovTv
#FPTech: AMD stocks at all-time high, market cap crosses $300bn mark, trading at higher multiple than NVIDIA https://t.co/q5hArj6xtG
AMD is worth $300 billion for the first time. These stats show its dramatic rise https://t.co/AmCgYuMmEA
AMD is worth $300 billion for the first time. These data show its dramatic rise. https://t.co/BuD8TeEIfu
$AMD has guided down 6 of last 7 quarters and the stock has tripled simply amazing
Shares of AMD shares jumped Thursday, an increase that has put the chipmaker's market capitalization on track to close above $300 billion for the first time https://t.co/rWXRbYIHkN
$AMD nearing 190, that sweet set-up in opening minutes trigger w/ all the call flow was money today
$AMD +6.7% currently, taking its market cap to: $304.5B https://t.co/jbmihwlRXW
$AMD ADVANCED MICRO DEVICES SHARES HIT RECORD HIGH, LAST UP 6.2%