Advanced Micro Devices is trading 3% up at $510.77 today, bouncing after last week’s semiconductor sell-off as investors position for the upcoming Advancing AI 2026 event.
- The company is expected to detail Zen 6 EPYC and MI455X GPU plans during the July 22–23 event, driving significant market interest.
- Sentiment remains bolstered by Goldman Sachs’ recently raised $640 price target and growing expectations for AI-infrastructure demand.