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AMD Stock Leads Chip Stocks Higher Amid Sector Rebound
The Philadelphia semiconductor index, known as SOX, rose for the third straight session Thursday, helped by reassuring forecasts on AI data center spending. AMD stock was among the big gainers. In midday trades on the stock market today, the SOX advanced 3%. The SOX includes the 30 largest chip stocks traded in the U.S. However, the SOX is still trading…
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