Why Advanced Micro Devices Stock Climbed 32% in November
Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) rose 31.7% last month, according to data provided by S&P Global Market Intelligence. The gains last month bring AMD's year-to-date stock performance to a market-beating 64%.
Coming off another strong earnings report in late October, AMD gave investors more reasons to be bullish on its prospects with an investor presentation in early November. During that presentation, CEO Lisa Su announced that Facebook parent Meta Platforms had chosen AMD's EPYC processors to power its data centers.
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Source Fool.com
