AMD has experienced a significant uptick in its stock price, rising by 10 points over the past few days and reaching the 170 mark with a 4.5% gain. The semiconductor sector, including companies like NVIDIA, has shown strong performance this week. Analysts and traders are optimistic about AMD's potential breakout above its 200-day moving average, with many bullish signals indicating further gains. AMD is also expected to have an important event next week, which could influence its stock price. The stock had previously identified 169 as a key level.