Pre-market, AMD's stock is up about 8%, and most Chinese concept stocks are also rising.

Pre-market in the US stock market, some technology stocks are rising, with AMD up about 8% and Raymond James giving the company an initial overweight rating. Nvidia is up about 2% and Tesla is up about 2%. Most Chinese concept stocks are up, with Baidu up about 2%, Alibaba up about 1%, and Li Auto up about 3%.