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News  ›  Benzinga

Dow Jones Hits Record Highs, AMD Jumps: What's Moving Markets Wednesday?

Benzinga Logo Benzinga By Piero Cingari
Dow Jones Hits Record Highs, AMD Jumps: What's Moving Markets Wednesday?

U.S. blue-chip stocks climbed for the fourth consecutive session, with the Dow Jones reaching record territory. Advanced Micro Devices (AMD) was a standout performer, surging over 8% after projecting strong AI silicon revenue opportunities.

Insights
SPXL   neutral

Moderate 1-year return (36.82%), broader market exposure, lower sector concentration risk


AMD   positive

Surged 8.42% after projecting faster-than-expected sales growth and announcing $1 trillion AI silicon revenue opportunities by 2030