AMD STOCK CLIMBS NEARLY 4 % AS CHIPMAKERS REBOUND FROM WORST WEEK SINCE MARCH ON LOWER YIELDS AND OIL PRICES

What happened: AMD shares rose nearly 4% on Monday as semiconductor stocks rebounded from last week's steep sell-off. AMD released no company-specific news; the gain was part of a broad chip sector recovery. Key numbers: AMD up $19.91, or 3.77%, at $548.66 as of 10:26 a.m. Eastern, after closing Friday at about $528.75. Why it matters: The rebound came as Treasury yields and oil prices fell, improving appetite for growth stocks. Analysts say the rebound's sustainability depends on rates, oil prices and confidence in AI spending as earnings season unfolds. Coverage: 3 outlets in 24h

AMD shares rose nearly 4% on Monday as semiconductor stocks rebounded from last week's steep sell-off. AMD released no company-specific news; the gain was part of a broad chip sector recovery.

The rebound came as Treasury yields and oil prices fell, improving appetite for growth stocks. Analysts say the rebound's sustainability depends on rates, oil prices and confidence in AI spending as earnings season unfolds.