This was the stock's third consecutive day of gains.

Shares of Advanced Micro Devices ( AMD -2.89%) surged to new highs at the beginning of 2024, but mixed business performance across the company's operating segments has weighed on the stock for most of the year. After reaching a high of $227, the shares are down 44% year to date at the time of writing.

The fact that multiple Advanced Micro Devices, Inc. ( NASDAQ:AMD ) insiders offloaded a considerable amount of

Advanced Micro Devices (AMD) is among the chip stocks rallying today, following new bullish coverage at Rosenblatt

This was the stock's second consecutive day of losses.

Advanced Micro Devices' current position in AI-GPU market closely mirrors Nvidia’s development path from 1.5 years ago. See why I rate AMD stock a strong buy.

According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It’s certainly the best gaming chip that AMD has ever made, but it’s also capable of outperforming Intel’s top CPU when it comes to gaming frame rates and is doing so for a lot less cash.