Stock price of amd

After a strong rally earlier this year, Advanced Micro Devices (AMD) stock pulled back slightly, sliding more than 12% from its recent peak of $186.65. The dip comes as the chipmaker takes a financial hit from U.S. export restrictions to China, which impacted its financials during the second quarter. Advanced Micro Devices Inc (NASDAQ: AMD ) shares are trading higher late Thursday, extending gains from Wednesday’s session fueled by multiple developments. Here’s what investors need to know . Current trading shows the stock price of AMD at $186.78, up 1.9% intraday. The firm’s forward P/E multiple remains attractive compared to sector averages, suggesting room for valuation expansion. Market watchers note that volume patterns align with bullish continuum toward $192 in the coming sessions.