Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are moving Wednesday after Texas Instruments, Inc. (NASDAQ:TXN) reported better-than-expected first-quarter results. The Details: Texas Instruments reported quarterly earnings of $1.

C hipmaker Advanced Micro Devices (NASDAQ: AMD) doesn't have the market share or Wall Street buzz that archrival Nvidia does in the artificial intelligence (AI) race. But rest assured, second place isn't necessarily a bad place to be.

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The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he

Delving into the details, we found 38% of traders were bullish, while 61% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $667,703, and 16 were calls, valued at $1,015,426.