AMD stock closes higher again as Intel stumbles — what to watch before Monday’s open
AMD shares closed Friday up 2.35% at $259.68, capping a nine-session rally of over 27%. Intel fell 15.6% after warning it can’t meet server chip demand, pulling the Philadelphia Semiconductor Index down 1%. AMD’s new Ryzen 7 9850X3D launches Jan. 29 at $499. Investors await the Fed’s Jan. 28 decision and AMD earnings on Feb. 3.