Advanced Micro Devices (AMD) stock was on the move Tuesday after information technology services company CWD’s Mission expanded its collaboration with the chipmaker. That’s noteworthy as Mission is an Amazon (AMZN) Web Services (AWS) Premier Tier Services and ISV Accelerate Partner.
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Mission noted that the main focus of this collaboration is the use of AMD EPYC CPU-powered Amazon EC2 instances to help companies maximize the value of their AWS investments. The company highlighted AMD’s ability to offer strong performance for its price, while also benefiting enterprise customers due to their scalability and efficiency. This comes at a time when companies seek to rein in cloud budgets and focus on sustainability.
Brian Holley, corporate vice president of the AWS Business segment at AMD, said, “We are excited to collaborate with Mission to enable more customers to achieve the most from their AWS deployments, delivering impressive performance and maximizing the value of their cloud investment.”
AMD Stock Movement Today
AMD stock was down 0.65% on Tuesday but remained up 32.59% year-to-date. The shares have also rallied 6.86% over the past 12 months. A major contributor to the stock’s 2025 performance is the demand for semiconductor components to power artificial intelligence (AI), such as what AWS has used AMD EPYC CPUs for.
AMD stock recently received a reiterated Buy rating and a $190 price target from five-star Piper Sandler analyst Harsh Kumar. The analyst pointed to its server, client, and GPU businesses as strong performers.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 22 Buy and 12 Hold ratings over the past three months. With that comes an average AMD stock price target of $188, representing a potential 17.31% upside for the shares.
