Advanced Micro Devices (AMD) News Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading higher amid a wave of bullish catalysts. Renewed China AI chip shipments, strong data-center demand for its MI300 series, and a clear technical breakout have underpinned momentum. At the same time, several top brokerages have lifted price targets, while one notable analyst warns of lingering policy risks. Here’s what investors need to know:

• Positive Sentiment: Resumption of AI chip exports to China is expected to boost 2025 revenue, as highlighted by Evercore. AMD's MI308X Chip Sales Resumption
• Positive Sentiment: U.S. eases export curbs, positioning AMD alongside Nvidia to capture increased market share in China. Nvidia, AMD Expected to Win Market Share in China
• Positive Sentiment: Bank of America, Wells Fargo and Mizuho each raised their price targets (to $175, $185 and $175 respectively), reflecting growing analyst confidence. Bank of America Raises AMD Price Target to $175, Wells Fargo Issues Positive Forecast, Mizuho Raises Target to $175
• Positive Sentiment: Technical breakout above a year-long resistance signals further upside, with near-term targets pointing toward $200–$270. AMD Just Triggered a Signal Traders Can’t Ignore
• Positive Sentiment: Growth in AI data-center deployments—especially the MI300 series—supports stronger revenue forecasts. AMD's AI Chips Gain Ground in Data Centers
• Positive Sentiment: Evercore sees major 2025 revenue upside following the lift of China AI-chip restrictions. Evercore Sees Major Revenue Upside for AMD
• Neutral Sentiment: AMD’s valuation now lines up with peers like Nvidia at roughly 40x forward earnings, suggesting a potential “catch-up” play. Nvidia's Startup Margins
• Neutral Sentiment: AMD backed ex-OpenAI CTO Mira Murati’s new startup in a $2 billion seed round, highlighting its broader AI ecosystem involvement. Ex-OpenAI Exec Lands $2B Seed Round
• Neutral Sentiment: Elliott Wave analysis shows possible directional moves for AMD’s shares yet lacks a clear near-term catalyst. AMD Elliott Wave Technical Analysis
• Neutral Sentiment: AMD will exit the Russell Top 50 Index following this quarter’s rebalancing, which may reduce some passive-fund demand. AMD Exits Russell Top 50 Index
• Negative Sentiment: Citi’s top analyst labels the recent rally “empty calories,” warning the China chip ban could be reinstated. Citi Says Rally Is 'Empty Calories'