BTCC
/
BTCC Square
/
Global Cryptocurrency
/
AMD Stock Surges Ahead of AI Conference Amid Strong Market Momentum
AMD Stock Surges Ahead of AI Conference Amid Strong Market Momentum
17
1
Advanced Micro Devices (AMD) shares have surged 55% over the past two months, rebounding from an April low. The rally follows a strong Q1 2025 earnings report, a $10 billion partnership with Saudi Arabia's HUMAIN, and sustained hyperscaler investments in AI infrastructure.
Trade tensions and Chinese export restrictions linger as headwinds, but top investors remain bullish. 'AMD’s Q1 results and ongoing data center momentum reinforce confidence in its Core business,' says JR Research, a TipRanks analyst ranked in the top 2%.
All eyes now turn to AMD’s Advancing AI 2025 event on June 12, where the chipmaker is expected to unveil new technologies. The conference could cement AMD’s position in the accelerating AI hardware race.
By:
Previous
U.S.-China Trade Talks and Market Movements
Next
SUI-Based Cetus DEX Bounces Back After $162M Exploit, Pledges Stronger Ecosystem Future
