AMD is trading at +3.5% now at $208.06, fueled by broader market strength and continued AI chip optimism following Micron's strong earnings report.
- Broader market indices are showing strength, with the S&P 500 up 0.49% and the NASDAQ gaining 0.61%.
- Analysts remain bullish on AI catalysts; Piper Sandler reiterates an Overweight rating, while Truist maintains its Buy rating despite a minor target cut.