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July 29, 2021 04:22 pm GMT

AMD Stock Breaks $100 Price, Slightly Up from $7 Prior to Zen Breakthrough in 2017

As of 16:11 UTC today (29/07), the AMD stock has broken through the $100 stock-price glass ceiling, and is at $103.91, up 1384% from the $7 stock price in late-2016, prior to the company's competitive breakthrough with the "Zen" architecture. The latest rally comes in the wake of AMD's latest Q2-2021 financial results, where it clocked a 99% growth in YoY revenue. In the call, AMD mentioned that it is on track to maintaining its performance leadership, on the backs of the new "Zen 4" CPU architecture, RDNA3 graphics-, and CDNA2 compute architecture.

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