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AMD Market Snapshot Values Chipmaker at About $877.5 Billion

The Tuesday morning update listed AMD at $535.12. The chipmaker had recovered the ground lost in its Nov. 5 sell-off by the time it appeared.

A square processor package rests against a reflective silicon wafer / TokenPost.ai
A square processor package rests against a reflective silicon wafer / TokenPost.ai

A Tuesday morning market snapshot listed Advanced Micro Devices, Inc. (AMD) at $535.12 and valued the chipmaker at about $877.5 billion after its Nov. 5 sell-off.

The update was posted at 10:06 a.m. ET (15:06 UTC) Tuesday. By the time it appeared, AMD had recovered the ground lost in the Nov. 5 sell-off. AMD stock had also risen Monday.

Earlier this month, AMD said Meta had begun testing its first installed Helios rackscale systems. The company also announced plans to invest $1 billion in Meta’s equity offering, without specifying when it would make the investment or providing its terms.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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