AMD Deal Fuels Austrian Chip Maker's Rally

Austria Technologie & Systemtechnik AG, a supplier of chip components, has seen its shares surge dramatically, extending a remarkable 500% rally. This significant stock performance follows the company's announcement of an agreement to supply Advanced Micro Devices Inc. The deal includes plans for increased production and investment, alongside an improved financial outlook. The partnership with AMD is a major catalyst, driving substantial growth and investor confidence in the Austrian firm.