Why Advanced Micro Devices' Stock Has Climbed 31% in 2017

Shares of Advanced Micro Devices (NASDAQ: AMD) have climbed more than 31% so far in 2017, according to data provided by S&P Global Market Intelligence, after the company reported strong fourth-quarter 2016 and full-year 2016 earnings, as well as an earnings beat in the second quarter of 2017.

AMD's stock jumped 20% in February after the company reported a 15% year-over-year revenue increase in the fourth quarter, to $1.11 billion. Non-GAAP earnings per share came in at negative $0.01, which matched analysts' consensus estimates.

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Source: Fool.com