Why Did Advanced Micro Devices Rise on June 18?
Advanced Micro Devices (AMD), which is an American multinational semiconductor company that focuses on developing computer processors and related technologies, was the S&P 500’s second-best performer on June 18. Last week, Advanced Micro Devices closed higher and clocked the tenth consecutive weekly gain. Carrying forward the strength, Advanced Micro Devices started Monday on a stronger note and rose to the highest levels traded in 11 years.