AMDD.BA is trading at $54.70, up 3.01%, amid a broad recovery in U.S. technology shares and improved risk sentiment across the semiconductor sector. - Advanced Micro Devices signed a definitive agreement with Rackspace Technology for phased deployment of AMD-based compute deployments in Rackspace's global data centers beginning late 2026. - Cantor Fitzgerald raised its price target for AMD to $700 from $500, maintaining an Overweight rating on June 29, 2026. - The Nasdaq Composite gained approximately 1.3% - 1.54% as investors bought back into chip-related stocks following last week’s AI and geopolitical-driven selloff.