Why Advanced Micro Devices Stock Just Popped

Shares of semiconductor star Advanced Micro Devices (NASDAQ: AMD) jumped on Tuesday, and are up 2% as of 11:30 a.m. ET.

You can thank investment banker Bernstein for that.

This morning, Bernstein upgraded shares of AMD to outperform -- the analyst's first upgrade of the semiconductor stock to a buy level in a decade, as StreetInsider.com just pointed out.

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Source Fool.com