Advanced Micro Devices, Inc. is trading 2.9% up at $84,400.00 today, extending gains from last week’s advance as positive sentiment persists following its AI compute infrastructure agreement with Rackspace.
- The June 16 partnership with Rackspace continues to bolster investor confidence regarding the company's role in AI infrastructure.
- The stock's upward move comes amid a broadly positive U.S. equity session, with major indices trading modestly higher.