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Why Advanced Micro Devices Stock Climbed 32% in November

Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) rose 31.7% last month, according to data provided by S&P Global Market Intelligence. The gains last month bring AMD's year-to-date stock performance to a market-beating 64%. Coming off another strong earnings report in late October, AMD gave investors more reasons to be bullish on its prospects with an investor presentation in early November. Read More...

Reuters

Ford aims to be world’s #2 electric vehicle maker within two years – COO

Ford Motor Co expects to be the world’s second largest electric vehicle manufacturer within two years, with annual production capacity of nearly 600,000, a top company executive said Friday. The automaker’s optimism stems from increasing demand for its next new EV, the Ford F-150 Lightning pickup, with retail reservations approaching 200,000, Lisa Drake, chief operating officer of Ford North America, said. Reuters reported on Wednesday that Ford likely would be vying with Stellantis for third place in the EV race by 2025, behind Tesla and the Volkswagen Group, based on production forecast data provided by AutoForecast Solutions.

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