AMD Shares Reach New Peak Ahead of Tuesday’s Open
AMD shares closed Friday at $467.51, up 3.99%, after hitting $481.41, the top of their 52-week range. CEO Lisa Su said in Taipei that AMD is boosting production with Taiwanese partners due to stronger-than-expected CPU demand. U.S. markets are closed through Monday for Memorial Day. AMD stock gained about 10.2% last week.