The GraniteShares 2x Long AMD Daily ETF (AMDL) closed up 2.29% at $7.16 on January 13, 2025, as Advanced Micro Devices (AMD) shares rose 1.51% to $117.79 following a bullish initiation by Loop Capital. Loop Capital's positive outlook on AMD, citing share expansion opportunities, provided a boost to investor sentiment, countering earlier concerns about new AI chip export controls announced by the White House. These controls had initially raised fears about AMD's international sales, particularly in China, but the market responded favorably to Loop Capital's buy rating. Additionally, Eastern Bank's significant increase in its AMD holdings by 31.6% during the fourth quarter further supported the stock's upward movement. Despite the broader semiconductor sector's mixed performance, with the Philadelphia Semiconductor Index (SOX) down 0.35%, AMD's specific catalysts helped it outperform.