Advanced Micro Devices (AMD) News Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) has seen mixed analyst views and market reactions ahead of its Q2 earnings report on August 5. Investor sentiment is being driven by a flurry of price‐target raises and bullish commentary on AI demand, balanced against cautionary warnings about stretched valuations and near‐term trading volatility.

• Positive Sentiment: UBS boosted its price target on AMD shares to $210, citing strong PC and server performance, suggesting further upside potential for the stock. UBS Raises AMD PT to $210
• Positive Sentiment: Bank of America raised its price target on AMD to $200 from $175 and maintained a “Buy” rating ahead of August 5 earnings, highlighting expected data-center and client segment strength. Analyst Sees Q3 Upside
• Positive Sentiment: Jim Cramer praised AMD’s AI-driven momentum on “Mad Money,” calling the stock “on fire” due to growing demand for its GPUs and data-center chips. Cramer: AMD On Fire
• Positive Sentiment: AMD announced price increases for its MI350 AI chips, prompting some investors and analysts to buy into the stock ahead of Q2 results. MI350 Price Increase
• Positive Sentiment: Forbes raised a long-term target of $330 for AMD shares, underlining confidence in its AI and data-center growth trajectory over the next two years. AMD Stock To $330?
• Neutral Sentiment: Morgan Stanley increased its price target on AMD while keeping an “Equal Weight” rating, reflecting balanced expectations heading into Q2. Morgan Stanley Raises PT
• Neutral Sentiment: Zacks published a preview of key Q2 metrics, noting that data-center and client segment gains may be partly offset by export-control headwinds in China. Zacks Q2 Preview
• Neutral Sentiment: Seeking Alpha’s Q2 earnings preview highlights that AMD’s CPU sales could surprise, even if most AI investors focus on GPUs. Earnings Preview
• Neutral Sentiment: Comparisons with Qualcomm on The Motley Fool raised the question of whether AMD remains the top chip-stock pick or could see capital rotation. Qualcomm vs. AMD
• Negative Sentiment: AMD shares dipped roughly 2.8% following intraday profit‐taking and broader chip‐sector weakness. Shares Down 2.8%
• Negative Sentiment: Several analysts warned that AMD’s run-up—up about 46% year-to-date—has left it “stretched” and vulnerable to a pullback ahead of earnings on August 5. Analysts Urge Caution
• Negative Sentiment: A Seeking Alpha downgrader advised trimming AMD positions before Q2 results, citing high expectations that may leave limited upside. Trim AMD Stock