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AMD stock rebounds 13% after a 17% crash, boosted by Oppenheimer upgrade and Google Cloud deal.

Market News
09 Nov 2026, 23:17 WIB
24/7 Wall Street
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Bullish
AMD stock rebounds 13% after a 17% crash, boosted by Oppenheimer upgrade and Google Cloud deal.

AMD's stock surged 13% to $508.58 after a sharp 17% drop two days earlier, recovering losses due to an Oppenheimer upgrade to Outperform and a new Google Cloud contract for AMD's EPYC processors. The rebound contrasts with Nvidia's 4.3% drop amid an investigation into its CEO. Analyst projections show strong revenue growth for AMD in 2027, supporting a $600 price target. Investors face decisions on managing gains and potential tax impacts amid AMD's volatile price swings, with historical data showing mixed outcomes after large single-day drops.

Nvidia's stock is currently priced at USD 178.65 on Pluang, down 4.28% as of Nov 10, 2026 04:12 WIB, reflecting ongoing market caution. The stock's 52-week range spans from USD 165.17 to USD 239.27, indicating recent volatility. Pluang users show a slight buying preference with 55% of orders as of the same time.

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