AMD Rises as Mubadala Investment Eases Liquidity Concerns

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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, rose to the highest level in six weeks as some investors bet that its largest shareholder could help avert a cash shortfall.

The stock advanced 7.3 percent to $2.36 at the close in New York, the highest since Oct. 18. Shares of the Sunnyvale, California-based company have lost 56 percent this year.