AMD stock gained 3% on Friday as technology shares rallied following weaker-than-expected US employment data that reduced expectations for another Federal Reserve interest-rate hike. The US economy added 29,000 jobs in September, the nonfarm payrolls report showed, while the unemployment rate rose to 4.2%.
Semiconductor shares are extending their recent run, and Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) stock is moving with a chip complex that buyers are bidding up across the board. AMD stock is up 3% to $637.
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Advanced Micro Devices, Inc. (AMD) and Meta Platforms, Inc. (META) powered a September gain for the gaming index behind the Amplify Video Game Leaders ETF (GAMR). The VettaFi Video Game Leaders Index rose 2.8% for the month, while a quarterly rebalance added two Japanese game makers.
Advanced Micro Devices TodayAMDAdvanced Micro Devices$617.63 +5.87 (+0.96%) As of 01:52 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$163.14▼$639.00P/E Ratio159.06Price Target$567.63Add to WatchlistFor years, Advanced Micro Devices Inc. NASDAQ: AMD has been in the shadow of larger rival NVIDIA Corp. NASDAQ: NVDA, despite being valued at roughly $1 trillion.
AMD's Data Center revenue just doubled and hyperscalers are signing gigawatt-scale deals, yet our model flags a specific risk hiding in plain sight that could send the stock sharply lower before those wins fully materialize.
AMD just posted its fifth straight record quarter for server CPUs, yet a quiet structural shift in the cloud threatens to cap how far that streak can run.
AMD sits near a trillion-dollar market cap with a valuation that would make most investors flinch, yet one investor keeps hitting the buy button every single month without checking the price first.
Nvidia, AMD and Intel stocks moved higher before Thursday's opening bell after Micron Technology delivered an earnings beat, reinforcing confidence that the AI infrastructure boom remains intact. Micron itself moved the other way.
Advanced Micro Devices is upgraded to Buy following the $8.2B World Labs acquisition, expanding frontier AI and physical AI capabilities. AMD's execution and margin concerns have eased, with strong demand for compute supporting both GPU and CPU prices and Helios gaining traction beyond OpenAI. The World Labs deal deepens AMD's AI ecosystem, adds elite talent, and positions AMD to challenge Nvidia in simulation and robotics markets.
It's easy to get skittish about the tech sector amid recent talk of slowing AI development and OpenAI scrapping the launch of its latest model due to safety concerns. AI demand has driven much of the sector's growth in recent years, after all.
Cathie Wood just dumped one of this year's biggest AI winners to load up on a stock that has barely moved, and the reasoning behind that swap reveals a lot about where she thinks the real opportunity still sits.