Tesla, Advanced Micro Devices Inc, Facebook Inc, Nvidia Corp and more - AFTER HOURS

There was a mixed finish on Wall Street yesterday, but the S&P 500  and Dow reached new highs. After the bell, Advanced Micro Devices Inc (NASDAQ:AMD) and tech stocks generally appeared to be  in play.

Shares rose 2.77% after the bell after it  added early 5% in the regular session.

It came after yesterday, it  was reported that electric vehicle giant and Elon Musk’s baby Tesla (NASDAQ:TSLA)  was working with AMD to develop its own AI (artificial intelligence) chip for self-driving cars.

Elsewhere, Nvidia Corp (NASDAQ:NVDA) shares gained over 2% to $181,90 after hours as it got the other end of the news. It was reported that Tesla will reduce its reliance on the company in favor of AMD’s chips, according to CNBC’s reporting.

In oil, Anadarko Petroleum Corporation (NYSE:APC) saw shares  surge 4.69% to $46.91 after the bell after it authorised a US$2.5 billion share-repurchase program.

Back to tech and social network titan Facebook  (NASDAQ:FB) saw shares drop 0.10% after the bell as it told investors that it would work to prevent advertising targeted at derogatory terms.

Tesla working with AMD to develop chip for self-driving car: CNBC https://t.co/xSD6TBF0I2 pic.twitter.com/KGkAea22uw

— Reuters Top News (@Reuters) 20 September 2017

Story by ProactiveInvestors