AMD is surging after announcing a new data-center graphics card (AMD)

AMD on Sunday announced a new graphics card aimed at data center users.
The stock surged in trading Monday, hitting its highest price in over a decade.
Follow AMD's stock price in real-time here. 
Shares of AMD surged as much as 12% Monday, hitting an 11-year high of $27.30, after the company on Sunday announced a new high-performance graphics card for data centers. It later pared some of those gains and was trading up about 7%. 
The Radeon Pro V340 card is intended to help speed up CA