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Columbia Seligman Global Technology Fund: AMD Shares Surged in Q2 2026 Driven by Agentic AI-Powered Server CPU Renaissance
In its Q2 2026 investor letter, Columbia Seligman Global Technology Fund noted that Advanced Micro Devices (AMD) shares moved sharply higher during the quarter. The fund attributed this surge to a renaissance in the server CPU market, driven by agentic AI. The fund, however, did not hold AMD, which detracted from its overall performance.
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