AMD's market cap topped $900 billion as shares hit $558, driven by AI chip demand and a Samsung HBM4 memory partnership for its MI455X GPUs.

Wolfe Research raises AMD price target to $450, citing 57% data center revenue growth and expanding AI GPU demand as key catalysts for outperformance.

Micron Technology stock surged 10% as analysts raised price targets ahead of June 24 earnings, citing AI-driven memory demand and sold-out HBM production.

AMD's market cap topped $900 billion as shares hit $558, driven by AI chip demand and a Samsung HBM4 memory partnership for its MI455X GPUs.

Bernstein analyst Stacy Rasgon raised AMD's price target to $600 from $525, citing AI accelerator growth and data center momentum as key drivers.

AMD stock rebounds in premarket as tech gains and a massive 30 MW AI compute deal with Rackspace shifts focus back to recent highs.