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AMD Seen Posting Strong Quarter

Advanced Micro Devices (AMD, Financials), the semiconductor company behind EPYC server processors and Ryzen PC chips, could be headed for another strong quarter as demand for AI infrastructure continues to build.In a new research note, Bank of America said it expects AMD to deliver a "beat and rais…

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AMD Gets Bigger AI Target From BofA

Advanced Micro Devices NASDAQ:AMD is well positioned to deliver another "beat and raise" quarter as demand for AI server processors continues to accelerate, according to Bank of America.Analyst Vivek Arya lifted his price target to $620 from $550 and reiterated a Buy rating. He expects AMD to benef…

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Bank of America Resets AMD Stock Price Target Ahead of Earnings

Advanced Micro Devices NASDAQ:AMD could deliver stronger-than-expected quarterly results as demand for its server processors continues to accelerate, with Bank of America expecting the chipmaker to beat estimates and raise its outlook.Bank of America said AMD's expanding EPYC server processor marke…

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Why Is AMD (AMD) Stock Rocketing Higher Today

What Happened? Shares of computer processor maker AMD NASDAQ:AMDjumped 5.8% in the afternoon session after a Morgan Stanley supply chain report highlighted surging demand for its next-generation chips, sparking multiple bullish analyst calls.The report indicated that allocation for AMD's high-perfo…

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AMD's AI Infrastructure Push Gets Bigger

Advanced Micro Devices NASDAQ:AMD surged around 8% Thursday after announcing a collaboration with North American digital infrastructure provider 5C to develop next-generation gigascale AI campuses.The partnership will combine AMD's AI hardware and software portfolio with 5C's ability to design, bui…

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AMD Shares Soar After Landing Major AI Infrastructure Alliance

Advanced Micro Devices NASDAQ:AMD shares climbed about 7% on Thursday after the chipmaker said it is partnering with AI infrastructure provider 5C to develop next-generation gigascale AI campuses.AMD said the collaboration will combine its AI hardware portfolio with 5C's expertise in designing, bui…

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AMD Stock Rises as Self-Driving Startup Cuts Nvidia Dependence

Advanced Micro Devices NASDAQ:AMD shares climbed about 2.5% in early Monday trading after reports showed Japanese autonomous driving startup Turing added AMD Ventures as an investor while increasing use of the company's AI hardware.Turing said it has started using AMD AI accelerators for part of it…

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AMD (AMD) Stock Trades Up, Here Is Why

What Happened? Shares of computer processor maker AMD NASDAQ:AMDjumped 9.2% in the morning session after Japanese self-driving startup Turing announced it started using the company's AI GPUs and received an investment from AMD's venture capital arm.Turing, which previously relied on competitor Nvid…

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Weekly Recap: CEO and executive pay raises and EPYC server revenue gains

Advanced Micro Devices (NASDAQ:AMD) surged as record EPYC server CPU and Instinct GPU momentum, growing hyperscaler share and bullish Wells Fargo forecasts lifted shares and drove strong buying, even as the company approved July pay raises and August equity awards for top executives.Previous Week R…

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