Advanced Micro Devices is trading at ARS 76,075, up 11.3% today as semiconductor stocks bounce back from a recent AI and tech sector sell-off.
- The rally is supported by a 5.6% jump in the SOXX semiconductor ETF and a broader tech-led market recovery.
- Investors are buying the dip following strong earnings reports from industry peers like Lam Research and Microsoft.
- Positive market sentiment is also being driven by easing inflation concerns, encouraging a return to growth-oriented assets.