Bank of America upgraded shares of the chipmaker to 'buy' from 'underperform on Thursday due to its opportunity compared to rivals Intel and Nvidia. Meanwhile, AMD's chart looks good, too.
U.S. stocks turn higher in uneven trade as the Dow Jones Industrial Average and S&P 500 attempt to set new records with just small gains.
Stocks are mostly higher in uneven trading on Thursday as the Dow Jones Industrial Average and S&P 500 attempt to set new records.
If a rumor is right, Intel might further downsize its PC investments by letting AMD handle its GPU needs. Qualcomm, meanwhile, is hoping servers will help offset soft mobile growth.