AMD stock rises as CES keynotes near; traders watch Lisa Su and Nvidia updates
AMD shares rose 0.8% to $225.16 Monday morning as chip stocks gained ahead of CES keynotes by AMD CEO Lisa Su and Nvidia. Foxconn reported record fourth-quarter revenue on strong AI server demand, keeping focus on data-center spending. Nvidia shares climbed 0.6%, Intel added 1.0%. The VanEck Semiconductor ETF advanced 1.8%.