4:38 PM · 16 June 2025

AMD surges 9% on AI optimism and Piper Sandler remarks📈

AMD
Stocks
AMD.US, Advanced Micro Devices Inc
-
-

Shares of Advanced Micro Devices (AMD.US) are up more than 9% today, and the company is the top S&P 500 performer.

  • The stock was upgraded by Piper Sandler's analysts, lifting the stock price target up to $140 per share. Analysts warned that AMD is watching very big business optimism in GPU segment, seeing AI megatrend as a major catalyst.
  • AMD shares are rebounding after a 57% YoY data center revenue jump, boosted by rising AI demand and deeper ties with Microsoft and Meta. Positive sentiments on Wall Street, fresh $6B buyback, billion-dollar Middle East AI chip deals are also very strong catalysts.

Few days ago, AMD and OpenAI introduced also new MI400 chips addressed for AI processing. Market may see overall company development as a start of gaining more significant share in global GPU vs the Nvidia.

Advanced Micro Devices (AMD.US), D1 interval

AMD shares are posting nearly double-digit gains today and are attempting to reverse the downward trend that has persisted since late 2023 and early 2024. For the first time since October 2024, the stock has broken above the 200-session exponential moving average (EMA200, red line).

 
 

Source: xStation5

10 October 2025, 5:51 PM

Applied Digital accelerates growth. Shares rise by nearly 20%.

10 October 2025, 9:52 AM

DAX: DE40 tries to hold the momentum 📈Brenntag and ArcelorMittal under pressure

9 October 2025, 4:13 PM

Delta Airlines stock lifts off after earnings✈️

9 October 2025, 3:34 PM

Stock of the Week - Super Micro Computer (09.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits