AMD Stock Rally Pushes the Chipmaker to a New All-Time High

Advanced Micro Devices (AMD) stock just hit a major milestone as a strong rally on Thursday pushed the semiconductor company’s shares to a new all-time high. Shares of AMD traded for $275.95 as of this writing, easily setting a new record price for the stock. This new all-time high was reached after the stock gained for 12 days in a row, something it hasn’t done in roughly 20 years.

The AMD stock rally today has less to do with news from the chipmaker and more to do with investor interest in the tech sector. The AI boom that started in 2025 is back in full swing after a slowdown earlier in 2026. This has led to many stocks in the semiconductor market being boosted by bullish analyst coverage and strong investor morale.

Investors will note that AMD is a major player in the AI space due to its line of server products. The company develops CPUs and GPUs that are used in AI data centers. It’s also working on an all-in-one rack solution named Helios, which is expected to launch in late 2026. Meta Platforms (META), OpenAI, Microsoft (MSFT), and Oracle (ORCL) are all major players in the AI space who have already signed up to use AMD’s Helios server rack solution.

AMD Stock Movement Today

AMD stock was up 7.02% on Thursday, building on a 20.53% rally year-to-date. The shares have also increased 194.99% over the past 12 months.

With today’s news came decent trading of AMD stock, as more than 24 million shares changed hands. For comparison, the company’s three-month average daily trading volume is about 32.29 million shares.

Is AMD Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 20 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $285.67, representing a potential 3.56% upside for the shares.