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AMD broke stock price records for five consecutive days after its outstanding quarter

In the most recent earnings report, AMD’s stock closed at a record price in the past five days. The report shows quarterly sales. Set a record high In the second quarter of 2021, it was US$3.85 billion, and CEO Su Lisha promised Ship next-generation processors Despite the shortage of chips, it will still enter 2022.

Yahoo Finance data It shows that AMD’s stock closed at a record US$97.93 on July 28, and set another record of US$112.56 on August 3. So far today, the price has been rising: it peaked at $118.82 this morning and closed at about $119 at the time of writing. The tool still marks the stock as undervalued and predicts strong long-term performance.

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