🟢 AMD is trading 3.3% up in pre-market

AMD is trading at +3.3% now at $262.18, supported by positive analyst upgrades citing strong AI demand and sold-out Turin CPUs, despite broader market caution.

• The upward movement follows yesterday's sector pressure from Intel's weak guidance, with KeyBanc setting a $270 target and Bernstein setting a $225 target.
• The pre-market gain contrasts with NASDAQ futures, which are down modestly by 0.12%.
• AMD is scheduled to report its Q4 results on February 3.