Advanced Micro Devices (AMD) stock rallied on Tuesday as investors and consumers prepare for the release of its Ryzen Threadripper 9000 Series processors later this week. The Ryzen Threadripper 9000 Series will be released on July 31 and starts at $1,499.
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AMD’s Ryzen Threadripper CPUs aren’t for the average consumer. Instead, the company targets workstations, meaning corporate customers are a major source of sales. This means the Threadripper chips are used in a wide array of professional work, including rendering and artificial intelligence (AI).
The introduction of a new line of chips that excel at AI tasks could be a positive for AMD stock. This is due to the growing demand for AI processors. AMD also makes graphics processing units (GPUs) that are designed with AI in mind. This allows customers to run a complete AMD AI platform, with both the CPU and GPU provided by the tech giant. This could give it an edge over Intel (INTC), which mainly makes CPUs, and Nvidia (NVDA), which only makes GPUs.
AMD Stock Movement Today
AMD stock was up 4.31% on Tuesday, extending a 48.89% year-to-date rally and a 25.44% increase over the past 12 months. Shares of AMD have risen recently alongside the AI boom. That included a jump yesterday on reports it would increase the price of its AI GPUs by 70%.
Outside of product releases and pricing, investors are also interested in AMD’s upcoming earnings report. It will release results after markets close on Aug. 5, 2025. Wall Street expects earnings per share of 48 cents on revenue of $7.41 billion. The company is likely to beat these estimates, based on its performance in the previous eight quarters. Its EPS has been above estimates in six of those, and revenue surpassed expectations in all eight prior periods.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 26 Buy and 10 Hold ratings over the past three months. With that comes an average AMD stock price target of $147.84, representing a potential 18.7% downside for the shares.
