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AMD’s stock tops $30 for first time in more than 12 years while chips slip on memory woes

Wallace Witkowski
AMD’s stock tops $30 for first time in more than 12 years while chips slip on memory woes

Advanced Micro Devices Inc. shares closed above $30 for the first time in more than 12 years as one of the few gaining chip stocks Tuesday as another analyst adjusted estimates based on weaker-than-expected memory chip demand.