Shares of Advanced Micro Devices ( NASDAQ:AMD ) exploded over the past month, gaining 24.45%.
In the latest trading session, Advanced Micro Devices (AMD) closed at $160.08, marking a +2.87% move from the previous day.
Advanced Micro Devices, Inc. delivered outstanding Q1 2025 results, with 36% revenue growth and significant profitability improvements, driven by Data Center and AI momentum. The MI series, especially MI325X and MI350, are gaining traction with major cloud and enterprise customers, fueling AMD's competitive position against Nvidia. Regulatory relief allows AMD to resume MI308 chip shipments to China, unlocking additional growth and validating the company's global expansion strategy.
Market Catalysts anchor Julie Hyman breaks down the latest market movers for July 16, 2025. Semiconductor chip manufacturers Nvidia and AMD are ready to sell their chips in China.
Advanced Micro Devices' MI300 series gains traction in AI data centers, boosting revenues and drawing interest from tech giants like Meta.
Advanced Micro Devices' NASDAQ: AMD price action provided a clear signal that it would move higher in 2025 when it broke fresh highs in July. The move to new highs took the market above a critical resistance point that had been in place for more than a year, setting it up to continue rallying as the year progresses.
Advanced Micro Devices, Inc. and Nvidia Corporation are well positioned to ride an upgraded growth outlook in the AI inferencing market. Nvidia because it is the market leader, and AMD due to its focus. AMD's MI350 GPUs have on-par performance and are more cost-effective vs Nvidia's Blackwell. So AMD a golden opportunity to take share but the onus is on it to prove itself. US approval for Chinese shipments can boost both AMD and NVDA's data center revenues.
US approval of GPU sales to China reverses AMD's revenue hit, restoring growth and margin prospects. The company is likely back on track to achieving $8.3B in AI revenues this year. The company's AI revenue outlook improves, with China sales resuming and hyperscaler clients like Oracle and Meta boosting capex. Current pessimism in Advanced Micro Devices' valuation offers upside as analyst estimates lag behind positive developments and earnings upgrades loom.
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Major U.S. equities indexes were mixed at midday Tuesday as tech stocks got a boost from semiconductor stocks. The tech-heavy Nasdaq climbed, while the S&P 500 and Dow dropped.
Advanced Micro Devices said Tuesday that the U.S. Commerce Department will restart reviewing MI308 licenses to send chips to China. AMD said in April it would incur up to $800 million in charges tied to MI308 export controls.
Advanced Micro Devices, Inc. has staged a remarkable recovery, outperforming the semiconductor peers since February, signaling renewed investor confidence on its bullish narrative. AMD's open-source, full-stack AI approach and rapid integration with hyperscalers position it as a credible challenger to Nvidia's dominance. AMD's growth could accelerate as it scales its AI revenue, with even a modest foothold making a significant impact relative to its current scale.