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Stock impact report

Silver The Metal And Silver Stocks Hit New Highs: Here's Why [Forbes]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Forbes
That another rate cut may produce increased inflation levels may be triggering buyers to add precious metals including silver positions. The second reason is that silver is needed in the production of semiconductor circuit boards, a requirement for AI materials. As the artificial intelligence mania takes off, companies that manufacture and design such chips, like Nividia, Intel and Advanced Micro Devices (among others) are likely to be buying more of the metal. Here's the daily price chart for silver: The price took off Friday morning and took out the previous high from October. This keeps it strongly above the uptrending 50-day (the blue line) and 200-day (the red line) moving averages, a sign of continued strength. Here's the daily price chart for Discovery Silver: The stock rallied to a new high above the earlier-in-the-month high and remains above the uptrending 50-day and 200-day moving averages. This Canadian-based miner trades on the Toronto exchange and operates w Show less Read more
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