Advanced Micro Devices ( (AMD) ) has risen by 12.01%. Read on to learn why.
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Advanced Micro Devices (AMD) shares climbed 12.01% over the past week, extending a multi-session rally as investors bet the chipmaker will keep taking market share from Intel. Intel’s latest earnings update underscored years-long turnaround challenges and ongoing supply constraints, particularly in server chips, which has boosted optimism that AMD can press its advantage in key CPU markets. With Intel struggling to meet demand, Wall Street increasingly views AMD as the better-positioned player to capture growth in data centers and AI-focused workloads.
At the same time, AMD is stoking enthusiasm on the consumer side with the launch of its new flagship gaming processor, the Ryzen 7 9850X3D, priced at $499. The chip, positioned above the prior Ryzen 7 9800X3D, is marketed as “the world’s most advanced gaming processor” and targets gamers seeking top-end performance. The pricing landed roughly in line with expectations, helping support the stock as traders see AMD cementing its leadership in high-performance gaming CPUs while broadening its product appeal.
Analyst sentiment remains a powerful tailwind behind the stock. Top analysts, including those at JPMorgan and KeyBanc, highlight robust demand for AMD’s server CPUs, tight supply that could justify price hikes, and improving visibility for AI GPU revenues that could reach into the mid-teens of billions of dollars in 2026. Consensus on Wall Street rates AMD a Strong Buy, with price targets implying further upside, and investors are now focused on upcoming earnings, AI roadmap updates, and continued share gains in the server market as key catalysts after this week’s strong 12.01% move.