NEW YORK, USA – Shares of semiconductor giant Advanced Micro Devices Inc. (NASDAQ: AMD) posted solid gains during Thursday’s trading session, closing significantly higher as market participants showed renewed interest in the chipmaker.
As of the market close on April 25th at 7:59 PM EDT, AMD stock settled at 2.17, representing a gain of 2.30% for the day compared to its previous close of $94.47.
The 1-day trading chart reveals a positive trajectory for AMD throughout the session. The stock opened at $93.28, dipped slightly to a low of $92.85 early on, but then steadily climbed. It experienced a significant push upwards leading into the afternoon, reaching an intraday high of $97.10 before easing slightly to its closing price. The trading pattern indicates consistent buying pressure that propelled the stock well above its starting point.
In after-hours trading, the momentum cooled slightly, with the stock indicating a price of $96.38, down $0.27 (0.28%) from the official close.
Advanced Micro Devices, a key player in the global semiconductor industry, is known for its central processing units (CPUs) and graphics processing units (GPUs) used in personal computers, gaming consoles, and data centers. With a substantial market capitalization listed at $156.21 billion, AMD remains a closely watched stock within the tech sector and broader US market. Today’s positive performance reflects investor activity pushing the stock higher within its 52-week range, which spans from a low of $76.48 to a high of $187.28.
