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AMD’s stock moves into risky territory on Google gaming hype

Nigam Arora
AMD’s stock moves into risky territory on Google gaming hype

Alphabet’s Google (GOOG)(GOOGL) has announced a cloud-based gaming service called Stadia. Stadia is meant to be the Netflix (NFLX) of gaming. • The chart shows there is a strong move in AMD’s stock on the announcement that Stadia will use a custom AMD chip.