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Merrill Upgrade Charges AMD

Stock quotes in this article: AMD , INTC , CHRT  

Updated from Nov. 11

Aided by an upgrade from Merrill Lynch, shares of Advanced Micro Devices(AMD Quote) were up almost 2% early Friday ahead of the company's annual meeting with financial analysts.

The stock added 31 cents, or 1.7%, to $18.90 in premarket trading.

Merrill analyst Joe Osha upped his rating on AMD from neutral to buy, saying he expects the chipmaker to keep expanding its profit margin and gaining share against Intel(INTC Quote) for at least another year. ...

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