Advanced Micro Devices (AMD) News Today

Advanced Micro Devices (NASDAQ: AMD) shares are higher this morning after a flurry of strategic and analyst updates. Investors cheered the company’s push into AI and optics, solid upgrades, and positive industry developments, though some caution emerges from rising short interest.

• AMD’s acquisition of photonics specialist Enosemi bolsters co-packaged optics and next-gen AI system capabilities
• HSBC Global Research upgraded AMD from “Reduce” to “Hold,” raising its price target from $75 to $100
• Analysts favor AMD over Intel, citing an expanding AI portfolio and strong 2025 growth outlook
• Data center focus and momentum, backed by a $10 billion AI deal, position AMD for significant long-term revenue expansion
• Japan’s proposed $7 billion chip import plan could benefit U.S. chipmakers, including AMD
• AMD continues gaining share in the gaming market, reinforcing its competitive position
• Plans to launch new AI GPUs tailored for China compliance open an important addressable market
• Prospective investors weigh AMD’s unique strategy—“It isn’t the next Nvidia, but it doesn’t need to be”
• Market commentary and conference transcripts underline AMD’s ongoing execution and roadmap updates
• Long-term growth forecasts include varied outlooks, with some reports asking “Where will AMD’s stock be in 3 years?”
• Short interest in AMD jumped 18.4% in May to 48.47 million shares, representing about 3% of the float