AMD the next Nvidia in making? AMD stock rises to all-time high – what is powering AMD rally; here’s the latest AMD stock prediction
AMD stock is on a record-breaking streak. Its trading around $253 after a 6.5% surge Friday, up nearly 90% this year—thanks to major AI partnerships that have Wall Street buzzing. A game-changing OpenAI chip deal on October 6 sparked a 34% single-day jump. Then came an Oracle GPU order and an IBM quantum breakthrough, lifting AMD shares another 7–8%. Now, analysts are racing to catch up. Bank of America lifted its target to $300, HSBC to $310, and others into the high $200s.
AMD stock is on a record-breaking streak. Its trading around $253 after a 6.5% surge Friday, up nearly 90% this year—thanks to major AI partnerships that have Wall Street buzzing. A game-changing OpenAI chip deal on October 6 sparked a 34% single-day jump. Then came an Oracle GPU order and an IBM quantum breakthrough, lifting AMD shares another 7–8%. Now, analysts are racing to catch up. Bank of America lifted its target to $300, HSBC to $310, and others into the high $200s.
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