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AMD stock jumps 7% amid a third day of semiconductor sector gains, leading chip stocks higher.

Market News
17 Sep 2026
24/7 Wall Street
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Bullish
AMD stock jumps 7% amid a third day of semiconductor sector gains, leading chip stocks higher.

AMD shares surged 7% as semiconductor stocks rallied for a third consecutive session, outpacing peers like Broadcom and NVIDIA. This rise reflects a sector-wide rebound rather than company-specific news, although AMD announced work with SiFive on AI software for RISC-V servers. Year-to-date, AMD has gained 156%, far exceeding its chip peers, highlighting its high volatility and market leadership in accelerators and server CPUs. Investors should watch if AMD can sustain gains amid this sector momentum, as its high beta means both strong upside and downside risks.

Broadcom shares are up 2.76% on Pluang, trading at USD 348.88 as of Sep 18, 2026 00:51 WIB. Nvidia is also higher by 2.45%, priced at USD 219.14 on the platform at the same time. These gains align with the sector rebound mentioned in the news, showing broad strength in semiconductor stocks today.

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