Advanced Micro Devices (AMD) News Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) — Shares have risen on heavy momentum today after reports that IBM can run a key quantum-computing algorithm on conventional AMD chips and ongoing AI/data-center deal news. Below are the main drivers investors should know.

• Positive Sentiment: IBM says a key quantum algorithm can run on conventional AMD chips — a validation of AMD silicon for next‑generation computing that supports the company’s long‑term TAM expansion in high‑performance and hybrid workloads. IBM/Reuters
• Positive Sentiment: Market reaction and headlines: multiple outlets cite the IBM news and AI momentum as the reason AMD surged to record highs intraday, drawing broad buyer interest and boosting sector ETFs. CNBC
• Positive Sentiment: OEM wins: Supermicro added AMD’s new EPYC processors to its MicroBlade servers, reinforcing AMD’s traction in the data‑center/server market that supports recurring revenue for chips. Benzinga
• Neutral Sentiment: Broader market tailwinds — cooler inflation and strong earnings lifted major indexes, helping risk‑on flows into large-cap techs including AMD. Investopedia
• Neutral Sentiment: Analyst views remain mixed-to-bullish overall: many firms maintain buy/overweight ratings and elevated price targets, keeping upside expectations despite volatility. QuiverQuant summary
• Negative Sentiment: Weiss Ratings reaffirmed a "sell (D+)" rating on AMD, a headline that could trigger short‑term selling or cautious positioning by some investors. Weiss Ratings
• Negative Sentiment: Insider selling and some large funds trimming exposure (e.g., ARK) have been reported, which can add selling pressure or feed narratives about short‑term profit‑taking. QuiverQuant/insider data

Bottom line for investors: positive fundamental headlines (IBM quantum compatibility, OEM wins, AI/data‑center deals) are driving the rally, while a few negative signals (a low Weiss rating, insider sales) could prompt near‑term profit‑taking. Watch upcoming earnings/quarterly guidance and whether buy‑side momentum sustains after today’s spike.