AMD stock hits all-time high at 243.11 USD

Advanced Micro Devices (AMD) stock has reached an all-time high, hitting 243.11 USD, with a market capitalization now exceeding $381 billion. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, suggesting investors should monitor valuations carefully. This milestone reflects the company’s robust performance and investor confidence over the past year. AMD’s stock has seen a significant 1-year change, rising by 50.41%, supported by impressive revenue growth of 27.17% and a beta of 1.89, indicating higher volatility than the market. Trading at a P/E ratio of 140.52, the stock currently appears overvalued according to InvestingPro Fair Value metrics. This surge has positioned AMD as a formidable player in the tech industry, with analysts closely watching its next moves in the competitive landscape. For deeper insights into AMD’s valuation and 20+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, BofA Securities has raised its price target for Advanced Micro Devices (AMD) to $300 from $250, maintaining a Buy rating. This adjustment comes on the heels of AMD’s announcements at the 2025 OCP Conference, where the company introduced its MI450 Series "Helios" racks, set to launch in the second half of 2026. Wedbush also increased its price target for AMD, moving it to $270 from $190, while citing significant new AI partnerships that promise future revenue growth. These partnerships include a major agreement with Oracle, which plans to deploy 50,000 AMD MI450 GPUs in its Cloud Infrastructure starting in the third quarter of 2026.

In a separate development, Cantor Fitzgerald maintained its Neutral rating on Intel, raising its price target from $24.80 to $45.00. Meanwhile, IBM has made strides in quantum computing by successfully running a key algorithm on standard AMD chips, a move that could accelerate the commercial viability of quantum computers. Bernstein SocGen Group reiterated its Market Perform rating and $200 price target for AMD, noting the strategic importance of its recent move with OpenAI. These recent developments highlight ongoing advancements and strategic decisions in the tech industry.

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