AMD stock rises premarket as Bernstein lifts its price target to $600, citing strong AI infrastructure and server market demand.
Advanced Micro Devices Inc.
(NASDAQ:AMD) stock rose in Thursday's premarket session after Bernstein raised its price forecast on the chipmaker.
The move also came as investors returned to large-cap technology and semiconductor stocks.
Nasdaq futures gained 1.62% while S&P 500 futures rose 0.70%.
On Wednesday, Bernstein raised its price forecast on AMD to $600 from $525, citing continued strength in the server processor market and growing demand for AI infrastructure.
Bernstein raises AMD price target to $600, betting big on AI chip momentum
AMD flirts with $900B valuation after memory tech enhancements
AMD, Arm, Intel Get Price-Target Hikes On 'CPU Renaissance'
Wolfe Research reiterates AMD price target at $450 on AI and GPU growth
AMD stock continues to rally in premarket trading as Citi and BofA lift price targets on massive AI growth. Get the technical…
AMD stock surges premarket to $508.81 as OneQode signs a breakthrough deal to deploy AMD Instinct MI355X GPUs. See how NVIDIA's…
AMD stock surges 3% premarket to $481.81 as NVIDIA outlines an historic $200B CPU market opportunity. See why Evercore ISI raised…
AMD stock rebounds in premarket as tech gains and a massive 30 MW AI compute deal with Rackspace shifts focus back to recent…
AMD stock gains 2% in premarket trading, recovering from a sharp chip selloff as tech shares bounce. Read the latest AMD market…
AMD stock edges higher premarket, riding the AI wave. Check out the key technical support levels and Wall Street price targets…
