Advanced Micro Devices Inc NASDAQ:AMD Price, Chart, News & Insight

NASDAQ:AMD

AMD Jumps 8% Premarket as Data Center Revenue Nearly Doubles and Q4 Outlook Accelerates

AMD (NASDAQ: AMD) shares rose about 8% in premarket trading after the company reported record third-quarter 2026 revenue, nearly doubled Data Center sales and issued a strong fourth-quarter outlook.

Third-quarter revenue increased 45% year over year to a record $13.4 billion and rose 16% sequentially. Non-GAAP EPS climbed 74% to $2.09, while non-GAAP operating income increased 75% to $3.92 billion.

Data Center was the clear growth engine. Segment revenue surged 97% year over year to a record $8.5 billion, driven by strong demand for EPYC processors and the launch of Instinct MI450 Series GPUs. AMD said demand for Instinct and EPYC products continues to strengthen as production of Helios systems and 6th Gen EPYC “Venice” processors scales.

Operating leverage improved sharply alongside the revenue acceleration. GAAP operating margin expanded to 21% from 14% a year earlier, while non-GAAP operating margin increased five percentage points to 29%. Non-GAAP gross margin was 56%, up from 54% a year earlier.

Performance outside Data Center was more mixed. Client revenue grew 7% to $2.9 billion, while Gaming revenue fell 40% to $773 million due to weaker semi-custom and graphics sales. Embedded revenue increased 29% to $1.1 billion.

AMD also highlighted broader adoption of its AI infrastructure, with Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure running workloads on AMD Helios rack-scale systems. The company continues to expand its AI capabilities through software development and planned acquisitions including World Labs and Taalas.

For the fourth quarter, AMD expects revenue of approximately $17 billion, plus or minus 3%. The midpoint implies roughly 66% year-over-year growth and a 27% sequential increase, signaling a significant acceleration from the already strong third quarter. Non-GAAP gross margin is expected at approximately 55%.

The 8% premarket gain appears to reflect the combination of exceptional Data Center growth, expanding operating margins and an unusually strong Q4 revenue outlook. With Data Center now accounting for the majority of quarterly revenue and management forecasting another sharp sequential increase, investors are increasingly treating AMD’s AI accelerator and server CPU businesses as the central drivers of its growth trajectory.

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European Investor 11-04-26

AMD Expands Meta AI Partnership as Helios Systems Enter Deployment

AMD (NASDAQ: AMD) said it is expanding its strategic partnership with Meta across CPUs, GPUs, networking, systems and software as the two companies scale infrastructure for Meta’s AI and superintelligence workloads.

Initial AMD Helios rack-scale systems have been installed and are being tested by Meta ahead of a broader deployment. AMD EPYC processors already support Meta’s Muse AI agent, while Meta has deployed millions of EPYC CPUs across multiple generations and is a lead customer for sixth-generation EPYC processors.

AMD Instinct GPUs are also being used in production for training, ranking and recommendation workloads. Meta was an early definition customer for the MI450 architecture and plans to deploy a custom Instinct GPU optimized for its workloads. The collaboration is also influencing future AMD platforms, including the MI500 series and next-generation rack-scale systems.

On the software side, AMD and Meta are working together on ROCm, PyTorch and Triton, including optimization of large-scale AI training on MI350X GPUs. AMD also said its hardware provides Day-0 support for Meta models including Muse Spark Open and Muse Glimmer.

The companies said they are aligning future silicon, software and system roadmaps around Meta workloads, with the goal of building integrated AI infrastructure at gigawatt scale. AMD will also invest $1 billion in Meta’s equity offering.

The announcement strengthens AMD’s position as a supplier to one of the world’s largest AI infrastructure buyers and expands its role beyond individual processors into full rack-scale systems, networking and software.

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Global Finance News 11-01-26

AMD Gains as Citi Lifts Price Target to $800, Mizuho Raises Target to $705

Advanced Micro Devices (NASDAQ: AMD) shares rose about 2.7% on Tuesday after analysts issued bullish updates tied to the company’s expanding role in AI infrastructure and server CPUs.

Citi analyst Atif Malik reiterated a Buy rating on AMD and raised his price target to $800 from $575. Malik said Meta’s newly launched Muse AI agent could significantly increase compute demand and strengthen AMD’s position in the server CPU market.

Citi now estimates the CPU total addressable market could grow from $29 billion in 2025 to $300 billion by 2030, implying a roughly 60% compound annual growth rate.

Malik expects AMD to be the primary beneficiary of what he described as a “CPU renaissance,” with Meta viewed as one of AMD’s largest server customers. He also argued that agentic AI could require orders of magnitude more computing power than traditional chatbot workloads (yahoofinance).

Mizuho also became more bullish on AMD, with analyst Vijay Rakesh raising the firm’s price target to $705 from $580 while maintaining an Outperform rating.

The analyst optimism follows a strong run of fundamental catalysts for AMD. The company recently reported record second-quarter revenue of $11.5 billion, up 50% year over year, while Data Center revenue more than doubled to $6.7 billion on strong demand for EPYC server processors and Instinct AI accelerators (yahoofinance).

AMD is also preparing its next generation of AI hardware, including the Instinct MI450 GPUs, 6th Gen EPYC Venice CPUs and Helios rack-scale AI systems.

The combination of higher analyst price targets, expectations for rapidly expanding AI-driven CPU demand and continued strength in AMD’s data center business appears to be supporting the stock’s latest move higher.

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The Investor 10-06-26

AMD Rose 2.2% After Piper Sandler Initiated Coverage With $600 Target

Advanced Micro Devices (NASDAQ: AMD) shares rose 2.2% yesterday after Piper Sandler initiated coverage of the chipmaker with an Overweight rating and a $600 price target.

AMD has built a strong position in the rapidly expanding AI and data-center market through its Instinct accelerators, EPYC server processors and increasingly complete rack-scale AI infrastructure. Data Center revenue more than doubled year over year to $6.7 billion in the second quarter, driven by strong demand for EPYC processors and Instinct MI350-series GPUs.

The company is also expanding its position in large-scale AI infrastructure. Its latest portfolio includes the MI400-series accelerators, sixth-generation EPYC CPUs and Helios rack-scale systems, giving AMD exposure across AI training, inference and agentic workloads. Major AI and cloud customers working with AMD technology include OpenAI, Meta, Microsoft and Anthropic.

AMD’s combination of accelerating data-center growth, a broader AI product portfolio and expanding hyperscale deployments provides a strong fundamental backdrop as the company competes for a larger share of global AI infrastructure spending.

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European Investor 09-16-26

AMD Stock Rises 3.5% as CLSA Reiterates Outperform Rating With $710 Price Target

Advanced Micro Devices (NASDAQ: AMD) shares rose 3.5% to $523.37 on Wednesday as CLSA reiterated its Outperform rating on the semiconductor company.

CLSA maintained a $710 price target on AMD, implying approximately 36% upside from the stock price shown.

The reiterated bullish rating comes as AMD remains a major beneficiary of growing investment in artificial intelligence infrastructure, with investors closely watching the company’s ability to expand its position in the AI accelerator market.

AMD shares have attracted strong investor attention as the company competes for a larger share of AI computing demand while continuing to expand its data center processor business.

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WS Investor 09-09-26

AMD, Cisco and HUMAIN Expand Saudi AI Infrastructure With Instinct GPUs

AMD (NASDAQ: AMD), Cisco (NASDAQ: CSCO) and Saudi Arabia’s HUMAIN announced Monday that their first AMD-powered AI infrastructure is now operational in the Kingdom, marking a major step in their plans to build large-scale sovereign AI capacity.

The production system uses AMD Instinct MI355X GPUs and EPYC CPUs alongside Cisco Silicon One networking and 800G optics. HUMAIN is already using the infrastructure to provide GPU-as-a-service for AI workloads ranging from model training to inference.

The companies also announced the next major phase of the project. Beginning in 2027, they plan to deploy up to 250 megawatts of additional AI infrastructure based on AMD Instinct MI400 Series GPUs, EPYC processors and ROCm software, combined with Cisco networking technology. Capacity is expected to begin coming online in the second half of 2027.

The expansion forms part of the previously announced AMD-Cisco-HUMAIN joint venture, which remains on track to deploy up to 1 gigawatt of AI infrastructure by 2030. The companies said strong customer demand is supporting the buildout.

The project is particularly significant for AMD as it expands the footprint of its Instinct accelerators in large-scale AI data centers, competing for a greater share of a market currently dominated by NVIDIA. For Cisco, the project provides another major opportunity for its high-speed networking technology as AI clusters become larger and more demanding.

The partnership also supports Saudi Arabia’s ambition to become a major global AI infrastructure hub, with locally operated computing capacity designed to give governments and enterprises greater control over their data, models and AI systems.

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The Investor 08-31-26

AMD Upgraded to Strong Buy at Raymond James as Price Target Jumps to $641

Advanced Micro Devices (NASDAQ: AMD) received a bullish analyst upgrade Tuesday, with Raymond James raising its rating to Strong Buy from Outperform and lifting its price target to $641 from $565.

Analyst Simon Leopold's new target represents substantial upside from AMD's recent price of about $477.14.

Why the Upgrade Matters

The upgrade reinforces optimism around AMD's position in the rapidly expanding AI and data-center semiconductor market.

AMD has become one of the most important challengers to Nvidia in AI accelerators, while also maintaining a strong presence in server CPUs through its EPYC product line. The company's growing exposure to hyperscale data centers, enterprise AI infrastructure and next-generation computing gives it significant leverage to continued AI capital spending.

The higher price target suggests Raymond James sees stronger long-term earnings potential as AMD expands its AI product portfolio and competes for a larger share of accelerator and data-center spending.

The shift from Outperform to Strong Buy is also notable because it signals increased conviction rather than simply maintaining an already-positive stance.

Investors will now focus on AMD's AI accelerator shipments, data-center revenue growth, margins and its ability to gain market share as the global AI infrastructure buildout continues.

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WS Investor 08-25-26

MD Acquires Taalas to Strengthen AI Inference Chip Portfolio

AMD (NASDAQ: AMD) has agreed to acquire Taalas, a Toronto-based developer of specialized AI inference silicon, as the chipmaker expands its technology portfolio for the rapidly growing AI inference market.

Founded in 2023, Taalas develops technology designed specifically to optimize AI inference dataflows, reducing compute and memory bottlenecks associated with more general-purpose architectures. AMD said the technology could provide significant improvements in inference performance and efficiency.

The acquisition is intended to complement AMD's broader full-stack AI platform, which includes Instinct GPUs, EPYC CPUs, ROCm software and Helios rack-scale systems.

## AMD Targets Growing AI Inference Demand

AMD plans to integrate Taalas' technology into its accelerator roadmap and combine it with Instinct GPUs to develop system-level AI solutions.

The strategy reflects the industry's increasing focus on inference — the process of running trained AI models — as artificial intelligence moves into high-volume, real-time applications. More specialized silicon can potentially lower the computing, memory and energy requirements associated with deploying increasingly large AI models.

AMD said Taalas' engineering team will also strengthen its AI capabilities while expanding the company's existing semiconductor and AI presence in Canada.

Financial terms of the transaction were not disclosed. The acquisition remains subject to customary closing conditions and regulatory approvals.

The deal represents another step in AMD's effort to build a broader AI computing platform and compete across multiple layers of the AI infrastructure market, with Taalas adding specialized inference technology alongside AMD's existing GPU-based accelerator portfolio.

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Global Finance News 08-07-26

## AMD Stock Falls 10% After Hours Despite Record Revenue as Investors Focus on AI Expectations

Advanced Micro Devices (NASDAQ: AMD) shares fell 10% in after-hours trading Tuesday, despite reporting record second-quarter revenue and earnings, as investors appeared to take profits following high expectations for the company's AI business.

AMD delivered record second-quarter revenue of $11.5 billion, up 50% year over year, while non-GAAP earnings per share surged 246% to $1.66. Gross margin expanded to 56%, and operating income climbed to $3.1 billion, reflecting strong profitability as AI demand continued to accelerate.

The Data Center business remained AMD's primary growth engine. Segment revenue more than doubled, rising 107% year over year to $6.7 billion, driven by robust demand for EPYC server processors and Instinct AI accelerators. The segment accounted for approximately 58% of total company revenue during the quarter. Meanwhile, the Client business continued to perform well with Ryzen processor demand driving 23% growth, although Gaming revenue declined 31% due to weaker semi-custom sales.

Management highlighted a series of major AI announcements during the quarter, including the launch of the Helios AI rackscale platform, the new Instinct MI400 GPU family, sixth-generation EPYC processors, and expanded partnerships with leading AI companies including OpenAI, Microsoft, Meta, Anthropic, Oracle, and others. AMD also announced new collaborations designed to accelerate AI infrastructure deployments and broaden adoption of its hardware and software ecosystem.

Looking ahead, the company forecast third-quarter revenue of approximately $13.0 billion, representing roughly 41% year-over-year growth and another sequential acceleration, while maintaining an expected non-GAAP gross margin of approximately 56%.

Despite the strong financial performance and optimistic outlook, the stock declined after hours as investors appeared to have anticipated another exceptional quarter following AMD's strong rally and elevated expectations surrounding AI infrastructure spending. While the earnings reinforced AMD's growing position in AI computing, the market reaction suggests investors are demanding increasingly larger upside surprises from leading semiconductor companies.

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WS Investor 08-04-26

Semiconductor Stocks Fall as China's Chip Breakthrough Pressures Nvidia and the AI Sector

Semiconductor stocks came under pressure on Monday, dragging the Nasdaq lower as investors weighed China's rapidly advancing semiconductor industry against the latest developments in the global AI infrastructure race. Nvidia led the sector's decline, falling more than 4%, while weakness spread across AI and memory chipmakers.

The latest catalyst on the AI front came after reports that Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI's massive AI data center project in Ohio. The proposed 10-gigawatt facility would rank among the world's largest AI infrastructure projects, underscoring the enormous capital being committed to artificial intelligence. While the news reinforces long-term demand for AI hardware, it also highlights the rapidly evolving competitive landscape and the unprecedented scale of investment required across the industry.

Investor sentiment was also weighed down by developments in China. ChangXin Memory Technologies (CXMT), China's largest memory chipmaker, surged more than 400% in its Shanghai trading debut following Asia's largest IPO of 2026. The emergence of another major Chinese chipmaker renewed concerns that global competition in memory and AI-related semiconductors will intensify. Those concerns were particularly significant for Nvidia, whose growth opportunities in China have already been constrained by U.S. export restrictions.

The weakness extended across the broader semiconductor sector. Memory-related companies including Sandisk, Micron Technology, Western Digital, and SK Hynix posted notable declines, while ASML, AMD, Intel, Marvell Technology, Super Micro Computer, and Taiwan Semiconductor Manufacturing Co. (TSMC) also traded lower as investors reassessed the industry's competitive outlook.

Despite Monday's selloff, the semiconductor industry's long-term fundamentals remain supported by accelerating AI adoption and record investment in data center infrastructure. However, the combination of elevated valuations, China's rapid technological progress, and an increasingly competitive global landscape prompted investors to lock in profits following the sector's strong rally.

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European Investor 07-27-26

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