Advanced Micro Devices Inc. stock outperforms market on strong trading day

Shares of Advanced Micro Devices Inc. $Advanced Micro Devices (AMD.US)$ rose 2.77% to $100.28 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index $S&P 500 Index (.SPX.US)$ rising 0.30% to 3,948.72 and the Dow Jones Industrial Average $Dow Jones Industrial Average (.DJI.US)$ rising 0.23% to 32,105.25. This was the stock's second consecutive day of gains. Advanced Micro Devices Inc. closed $25.39 short of its 52-week high ($125.67), which the company reached on March 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $NVIDIA (NVDA.US)$ rose 2.73% to $271.91, Intel Corp. $Intel (INTC.US)$ rose 3.20% to $29.03, and Applied Materials Inc. $Applied Materials (AMAT.US)$ rose 3.30% to $122.78. Trading volume (83.3 M) eclipsed its 50-day average volume of 63.3 M.