Why Advanced Micro Devices Stock Advanced 8% Today

Semiconductor-focused rising star Advanced Micro Devices (NASDAQ: AMD) is living up to its name this afternoon, advancing 8% through 12:45 p.m. ET -- a gain about four times as big as what the rest of the Nasdaq is scoring today.

And you can thank Piper Sandler for that.

Image source: Getty Images.

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Source Fool.com