Advanced Micro Devices (AMD) stock rallied on Monday after the semiconductor company reached a major milestone in the latest Steam Hardware Survey. According to the results from the July 2025 Steam Hardware Survey, AMD now makes up 41.26% of processors used by the gaming platform’s customers, compared to Intel’s (INTC) 58.74%.
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While AMD still lags behind Intel in the Steam Hardware Survey, it’s closing that gap with strong gains. For comparison, the percentage of users with an AMD processor in the June Steam Hardware Survey was 39.65%. Investors will also note that AMD only had 23.73% of that market in 2020. These steady gains show that AMD has been successful in pulling consumers away from Intel.
Additionally, investors have high hopes for AMD tomorrow, which is when the company will report its Q2 2025 earnings results. These could act as a positive catalyst for AMD stock, boosting the shares higher. The company is likely to beat Wall Street’s estimates, based on its previous earnings reports.
AMD Stock Movement Today
AMD stock was up 2.57% on Monday, extending its 46.2% gain year-to-date and a 27.35% rally over the past 12 months. While the Steam Hardware Survey is positive news for AMD stock, shares have also likely rallied in anticipation of its Q2 earnings report.
Today’s activity came with some 17.89 million shares of AMD stock traded, compared to a three-month daily average of about 54.7 million units.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 24 Buy, 10 Hold, and a single Sell rating over the past three months. With that comes an average AMD stock price target of $156.47, representing a potential 11.17% downside for the shares.
