AMD Rallies Over 5% as KeyBanc and Bernstein Affirm Strong Server and AI Demand Outlook

Advanced Micro Devices (AMD) stock rallied +5.85% today, fueled by renewed analyst optimism concerning its core data center business and continuing progress in the lucrative AI segment.

• KeyBanc affirmed its Overweight rating, specifically citing expectations for sustained strong server demand through 2026.
• Bernstein raised its price target on AMD to $225 (up from $200), underscoring the company’s continuing progress in the lucrative AI segment.