Amd stock hits 52-week high at 174.16 USD

Advanced Micro Devices (NASDAQ:AMD) stock reached a 52-week high of 174.16 USD, marking a significant milestone for the semiconductor company. With a market capitalization of $281 billion and an overall "GOOD" financial health rating according to InvestingPro, AMD has established itself as a prominent player in the semiconductor industry. This achievement reflects a 24.4% increase in the stock’s value over the past year, with particularly strong momentum showing a 46% gain over the past six months. The rise to this 52-week high signals positive market sentiment, though InvestingPro analysis indicates the stock may be trading above its Fair Value. The company’s robust performance in the competitive tech sector is supported by a healthy 54% gross profit margin and expected net income growth this year as it continues to innovate and expand its market presence.

In other recent news, Advanced Micro Devices (AMD) has seen several significant developments. Erste Group upgraded AMD’s stock rating from Hold to Buy, highlighting the company’s growth outlook for 2025, particularly in high-performance CPUs and GPUs for data centers. Meanwhile, Bernstein raised its price target for AMD to $140, citing the resumption of the China AI business and projecting Q2 2025 revenue of $7.52 billion with earnings per share of $0.49. Citi also adjusted its price target to $165, reflecting improving sentiment around the semiconductor company. Mizuho (NYSE:MFG) increased its price target to $175, following policy changes allowing NVIDIA (NASDAQ:NVDA) and other AI accelerator providers to resume shipments to China. BofA Securities raised its price target to $175 as well, citing stronger-than-expected data center GPU prospects and projecting significant revenue additions in 2025 and 2026. These updates indicate a positive outlook from various analysts regarding AMD’s future performance.

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