Opinion: Bitcoin recovery helps drive AMD stocks up

On May 31, Boris Schlossberg, managing director of BK AssetManagement's foreign exchange strategy, said on CNBC on Thursday: "Another catalyst for AMD's gains is the recovery of Bitcoin. If Bitcoin exceeds $10,000, it will return again. The mining boom, which should be an additional driving force for AMD, so I think AMD is in a very favorable position. AMD's graphics chip has the ability to support bitcoin mining, so as bitcoin demand grows, the AMD chip Demand is also climbing."