AMD stock today: AMD surges 34% today: AMD stock hits all-time high, up 34% today – why AMD is Surging today and is it a buy?
Year-to-date, AMD shares are up 90%, far outpacing the Philadelphia Semiconductor Index’s 32% gain. AI revenue now accounts for 21% of total sales, driven by rapid data center demand. Q2 revenue reached $7.69 billion, up 32% year-over-year, with Q3 revenue forecast at $8.7 billion.
IBM has also adopted AMD chips for quantum computing, using FPGA processors to correct errors and speed up computation. IBM stated that these chips are cost-effective and increase AMD’s reliability in next-generation technologies.
Wall Street is on the rise. While Bank of America and Jefferies set the 12-month target at $300, HSBC increased its target to $310. Roughly 60-65% of analysts rate AMD a Buy, citing strong AI and server chip demand.
Although Nvidia holds 90% of the data center GPU market, AMD is positioning its GPUs, EPYC CPUs, and Helios servers as a clear alternative. U.S. export restrictions could cut $1.5 billion from 2025 sales, but strategic partnerships and product innovation are driving growth.
AMD Stock Soars 34% on OpenAI and Oracle Deals
Advanced Micro Devices Inc (NASDAQ: AMD) shares rose 34% in a single day After announcing major AI partnerships with OpenAI and Oracle. Rally roughly added AMD’s market value is $80 billionbringing it 380 billion dollarsMatches Intel. AMD shares increased year-to-date 90%better performing Philadelphia Semiconductor Index gains 32%.
AI Partnerships Could Generate Tens of Billions of Dollars
OpenAI deal covers GPUs 6 gigawatts of computing capacityWhile Oracle is being deployed 50,000 next-generation Instinct GPUs. These contracts may give rise to tens of billions of annual revenueCumulative sales are expected to exceed 100 billion dollars. artificial intelligence now 21% of AMD’s total revenuedriven by strong data center demand.
IBM Adopts AMD Chips for Quantum Computing
IBM announced that it uses AMD chips quantum computing tasks. AMDs FPGA processors It helps correct errors in quantum algorithms by maintaining fast and accurate calculation. IBM, AMD chips cost effectiveIt strengthens AMD’s position against rivals like Intel in both the artificial intelligence and quantum computing markets.
Analyst Outlook and Market Position
Wall Street continues its rise: Bank of America $300, HSBC’s $310, Wedbush$270, Buy Rosenblatt $250. Roughly 60-65% of analysts rate AMD a Buy. CEO Lisa Su directed Q3 revenue increased to $8.7 billionSales are expected to increase by 20% in all of 2025 33 billion dollars. AMD is trading 40 times expected 2026 earningsArtificial intelligence and data center expansion are driving long-term optimism.
AMD Up 34% Today – Key Stats
- AMD shares take a hit 251 dollarsall-time high.
- Shares climbed 34% in a single day.
- Major AI deals OpenAI and Oracle triggered the surge.
- IBM uses AMD FPGA chips for quantum computing error correction.
- 2nd quarter revenue: $7.69 billionabove 32% per year.
- now artificial intelligence 21% of total sales.
- Year-to-date earnings: 90%.
- Wall Street’s assessment: Moderate Purchaseaim $249.92.
