Advanced Micro Devices (NASDAQ:AMD) Stock Goes Parabolic: Here is What BofA Securities Saying

August 4, 2021

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to move up and now up by 6% to $119.20 after hitting a new high of $122.49 earlier in the session. BofA’s Vivek Arya highlighted, “We examine Q2 PC/Server CPU trends based on Mercury Research data. Unless specified we are reviewing x86 trends, although we do also analyze Arm units provided by Mercury for the first time in Q1. Q2 CPU sales…

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