Popular Chip Stock Stock Lifted on Nvidia Results

The shares of Advanced Micro Devices Inc (NASDAQ:AMD) are surging today, as the chip sector gets a halo lift from Nvidia's (NVDA) post-earnings climb to record highs. Up 10.7% at $181.83 at last glance, and earlier hitting $183.77, AMD is nearing its own Jan. 25 all-time peak at $184.92. Before today's pop, Advanced Micro Devices stock found support for its recent pullback at its 40-day moving average, while the $162 region appears to be emerging as a floor as well. Since last February, the equity is up 137 ...