Why Advanced Micro Devices, Luxoft Holding, and QEP Resources Jumped Today [The Motley Fool]
LUXOFT HOLDING INC (LXFT)
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Source: The Motley Fool
Why Advanced Micro Devices, Luxoft Holding, and QEP Resources Jumped Today Dan Caplinger ( TMFGalagan Jan 7, 09 at :0PM The stock market performed well on Monday, carrying forward its momentum from Friday's big gains. Investors continued to be optimistic about the prospects for a recovery from December's huge correction, and good news from several companies helped buoy sentiment. Advanced Micro Devices NASDAQ:AMD Luxoft Holding NYSE:LXFT QEP Resources NYSE:QEP AMD releases new chips Shares of Advanced Micro Devices were higher by 8% after the chipmaker announced updates to some of its hit lines of processors. Among the products announced were second-generation Ryzen 000, Athlon 00, and seventh-generation A-Series processors for notebook and Chromebook computers. AMD has already done an impressive job of capturing key consumer segments with its emphasis on mobile-device chips, and AMD believes that it can offer a good balance between performance and price while remaining competitive wi
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