U.S. stocks ended Thursday in the green. The Dow rose 0.17% to 36,117.38, while the NASDAQ shot up 1.37% to 14,339.99. The S&P 500 also experienced an increase, rising by 0.8% to 4,585.59.
Transitioning into individual stock performances, these are the top stocks that gained the attention of retail traders and investors throughout the day:
Advanced Micro Devices, Inc (NASDAQ:AMD)
AMD closed with a 9.89% increase at $128.37, reaching an intraday high of $128.68 and low of $119.56. The 52-week range was between $60.05 and $132.83. The surge in AMD’s stock is attributed to the launch of a new generation of AI chips, targeting a $45 billion market. Notably, companies like Meta Platforms Inc and Microsoft Corp have opted to adopt AMD’s chips, boosting investor confidence.
Broadcom Inc (NASDAQ:AVGO)
Broadcom’s stock saw a 2.06% increase, closing at $922.26. The stock fluctuated between $903.64 and $924.12 during the day, with a 52-week range of $520.38 to $999.87. Despite mixed fourth-quarter results, Broadcom’s announcement of a dividend hike and a positive ...