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AMD shares are rallying today, recovering from a selloff late last week that was triggered by concerns over a potential delay in the OpenAI IPO. The stock is benefiting from a broader rebound in the semiconductor sector as investors look past the recent volatility and focus on the company's role in AI infrastructure. While the market remains sensitive to news regarding AI spending commitments, the stock is finding support today alongside other major chipmakers as the sector attempts to reassert its momentum.
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