AMD Stock Jumps Over $96 — Here’s Why Investors Are Getting Excited
AMD (Advanced Micro Devices) had a strong day in the stock market on Tuesday, with its shares climbing over $96 and even touching an intraday high close to $100. The stock ended the day up nearly 4%, and that’s caught the attention of a lot of investors. So let’s discuss what the reason for this sudden jump is and what the future course of action will be for the investors.
Big Boost in Confidence
AMD’s stock closed at $96.06 on April 29, a solid gain for the day. It even reached a high of $99.66 during trading — something we haven’t seen in a while. This rise wasn’t just luck — it reflects growing confidence in what the company is doing right now and where it’s heading next.
While the overall stock market also had a decent day, AMD’s rise was way more impressive than most. For example, while AMD was going up, some other tech stocks — like Microchip Technology — were actually going down.
What is the reason behind this surge?
There are a few reasons AMD is back in the spotlight.
For starters, the company recently showed off a bunch of new products at CES 2025 (that’s the big Consumer Electronics Show where tech companies announce what’s next). AMD’s latest computer chips, including new AI-powered ones like the Ryzen AI Max and Ryzen 300 series, got a lot of buzz.
These chips aren’t just for tech nerds—they’re expected to power many of the new laptops and PCs we’ll be using soon. Big brands like Dell, HP, Lenovo, and others are planning to use AMD’s tech in their upcoming products. That kind of support from big names in the industry shows AMD is doing something right.
What should be the future course of action?
Some financial experts are starting to set bold price targets for AMD’s future stock value. One analyst thinks it could hit $175 in 2025. Another even said it could go as high as $250. While those numbers are just predictions, they show that AMD has a lot of people believing in its future.
One reason for that optimism? AMD is getting more involved in artificial intelligence. The company is working on high-powered chips (like the MI300X and the upcoming MI350) designed to support AI technology in data centers — basically the powerful computers behind the scenes of the internet. AMD is even teaming up with big tech giants like Microsoft and Meta (Facebook’s parent company), which only boosts its credibility.
