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Why AMD Stock Surged Today

TheMotleyFool

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Shares of Advanced Micro Devices (NASDAQ: AMD) jumped 16.5% on Friday after rival Intel (NASDAQ: INTC) said it would delay the launch of its newest processor chips.

AMD recently debuted its new Ryzen 4000 Series processors that are built via an advanced 7-nanometer manufacturing process. They have strong graphics capabilities and promise powerful gains in performance and energy efficiency. They're expected to help AMD compete effectively with Intel in the high-end gaming market, as well as the massive mainstream consumer PC market.

Advanced Micro Devices' stock rose sharply on Friday as Intel's shares fell. Image source: Getty Images.

Source Fool.com

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