AMD Rises, Apple Rebounds, GM Gains After Debt Offering
On this episode of Stock Movers:- AMD shares rise after HSBC upgraded the chipmaker to hold from reduce. Analyst Frank Lee cites “the recent re-rating on the back of the Saudi AI deal, as well as tariff de-escalation.” Earlier this month, it struck a deal with Sanmina, which will buy AMD's AI server assembly plants that deal is worth as much as $3 billion.- Apple rebounds after a lengthy selloff as analysts continued to digest the impact of the Trump administration’s tariff policies. On Friday, President Donald Trump threatened a 25% tariff on Apple if it doesn’t shift…
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