AMDY is trading at $44.22, up 3.39%, as semiconductor stocks rebound after last week’s selloff.
- Reuters reported U.S. chip stocks recovered Monday as lower Treasury yields and easing crude prices supported the AI trade; AMD gained 3.5% in pre-market trading.
- The move appears sector-driven, not tied to a specific AMDY announcement. A JPMorgan upgrade for Intel also supported sentiment across chipmakers.
- The rebound follows recent concerns about AI infrastructure financing and chip-sector losses.