Advanced Micro Devices, Inc. is trading 3.6% up at $54.60, extending a sharp multi-day rebound. - The surge is fueled by the acquisition of AI memory optimization firm Mext and a new partnership with Rackspace Technology for AI compute infrastructure. - Citi also raised its price target for AMD to $575 on June 15, 2026, with a "buy" rating, further boosting investor sentiment.