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AI Leader AMD Breaks Out Past New Buy Point With This Bullish Signal

AMD stock is breaking out Monday. The AI leader's relative strength line hit a new high, confirming the breakout's strength.

Advanced Micro Devices (AMD), an artificial intelligence leader, surged Monday, breaking out past a new buy point, as the stock market climbed amid falling oil prices and Treasury yields. That makes AMD stock Monday's pick for IBD 50 Growth Stocks To Watch from Investor's Business Daily. Santa Clara, Calif.-based AMD, a recent IBD Stock Of The Day, is seeing continued…

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