AMD stock is up before earnings, with a trillion-dollar valuation in sight. Analysts have high targets and options traders expect a 9% swing.
Advanced Micro Devices Inc.
(NASDAQ:AMD) is trading into Tuesday's Q2 earnings with a fresh set of numbers that make the trillion-dollar question impossible to ignore — and options traders are already betting the print itself could be the trigger.
AMD stock is climbing into earnings.
See the chart and price action here.
The Trillion-Dollar Math AMD's market cap sits at $790.127 billion as of Monday’s close, plus Tuesday’s 7% gain, leaving a real gap of 18.9% to the trillion-dollar mark.
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