🟢 Advanced Micro Devices is trading 7.6% up today as chip stocks rebound from a recent selloff

Advanced Micro Devices is trading at $462.08 (7.6%) up today as the stock stages a sharp rebound alongside a broader rally in the semiconductor sector.

• The move follows five consecutive down days for the stock, with investors buying back into beaten-down AI and chip plays after recent macro- and earnings-driven volatility.
• The broader sector is seeing a significant lift, with the iShares Semiconductor ETF (SOXX) rising more than 5%.