AMD Stock Crosses $40 for the first time in 13 Years

AMD has been ticking all the right boxes as of late: Ryzen 3000, Navi, the next-gen consoles, the server market with its 64 Core Epyc Rome chip, etc. It comes as no surprise that the company is doing well. However, the magnitude of how positive AMD’s progress has been in the last few years can be analyzed by having a look at their stocks. The red stock is at its highest in over 13 years.

AMD has been giving Intel quite the drubbing wherever it has a foothold to receive universal acclaim from fans and enthusiasts alike. This was quite apparent today as the company’s stock crossed the $40 mark after more than a decade. To give you an idea of this remarkable recovery, just a few years back, AMD’s stock was worth just a couple of dollars, literally $2. And now, it’s $40. So, if you purchased these stocks in say 2015 or 16, then you’re in for a pleasant surprise. The worth of those stocks has increased by almost 20x. That’s no small feat, and can be attributed to the company’s bright fortunes across all fields of processor and semi-conductor technology.

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