Why Advanced Micro Devices Stock Popped Today

AMD stock rose today after CoreWeave reported earnings, but the real driver is the company's strong data center business.

AMD's data center segment grew 46% year-over-year in Q3, driven by strong demand for its EPYC processors.

The company also announced a new partnership with Microsoft to bring AMD-powered servers to Azure.

AMD stock is up around 5% today, adding to its recent gains.