Advanced Micro Devices, Inc. AMD Shares are trading 3.75% higher at $84.20 on Tuesday afternoon despite broad market weakness. The stock rose late last week after Third Point Capital took a passive stake in the company.

The broader market otherwise slipped during Tuesday’s session in the wake of the Federal Reserve’s semi-annual monetary policy report, which appears to show that the central bank has adopted an increasingly hawkish stance…Continue reading

What happened to AMD last week?

Our Benzinga team reported that AMD shares surged higher during last Thursday’s session after the announcement Dan Loebs Third Point Management opened a passive stake in the semiconductor designer.

Loeb’s firm says it employs a flexible, opportunistic investment style and seeks to identify situations with an identifiable catalyst…Continue reading

According to data from Gasoline ProAMD has a 52-week high of $125.67 and a 52-week low of $54.57.