Advanced Micro Devices is trading at $59.40, up 4.76%, as semiconductor stocks rebound on October 28, 2026, after strong SK Hynix results renewed optimism about AI-related chip demand.
- Reuters reported AMD climbing with other semiconductor stocks, while sector reporting described gains across chipmakers.
- On October 27, Advanced Micro Devices announced a deeper Meta AI partnership including a $1 billion investment. This was a notable recent catalyst, but today’s move is best attributed to sector strength.