AMD shares jump 14.6% after Intel's strong earnings signal robust demand for AI chips

Yahoo Finance AI · April 25, 2026

AI Summary

•AMD stock surged 14.6% in morning trading after rival Intel reported better-than-expected results and a positive outlook, signaling strong demand for data center and AI chips. Two analyst firms upgraded AMD simultaneously: D.A. Davidson raised its price target to $375 (from $220), and Stifel raised its target to $320. AMD is now trading at $350.98 per share, a new 52-week high.
•The rally reflects broader confidence in the semiconductor sector's ability to supply chips for AI infrastructure. TSMC, AMD's primary manufacturer, recently reported strong financial results for advanced chips used in AI accelerators. AMD also announced a multi-year partnership with the French government to advance AI innovation, further signaling growth in sovereign AI and data center markets.
•For investors: AMD has climbed 57.1% so far this year, and someone who invested $1,000 in the stock 5 years ago would now hold $4,109 worth of shares. However, AMD is extremely volatile—it has had 32 moves of 5% or greater over the past year—so large swings like this 14.6% jump, though rare even for AMD, should not be assumed to persist.

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