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Shares of Advanced Micro Devices Inc. advanced 7.8% to $278.26 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,041.28 and the Dow Jones Industrial Average rising 0.2% to 48,578.72.

This was the stock's 12th consecutive day of gains.

Advanced Micro Devices Inc. hit a new 52-week high, surpassing its previous peak of $267.08, which the company achieved on October 29th.

The stock outperformed some of its peers, as NVIDIA Corp. fell 0.3% to $198.35, Intel Corp. rose 5.5% to $68.50, and Applied Materials Inc. fell 1.11% to $389.90.

Trading volume totaled 64.4 million, compared to the 50-day average of 36.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 16, 2026 16:33 ET (20:33 GMT)

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