On May 26, Advanced Micro Devices (AMD) rose 4.07% in regular trading, trading at $483.7 USD/share, with trading volume of $2.283 billion. The stock continued to build on a series of bullish catalysts including its 2nm CPU production ramp and massive Taiwan investment commitment.
On the news front, AMD announced it will invest over $10 billion in Taiwan's semiconductor and AI ecosystem, partnering with TSMC to mass-produce its next-generation Venice data center CPU using TSMC's 2nm process. CEO Lisa Su stated the company is working with TSMC and other partners to accelerate capacity expansion to meet higher-than-expected demand driven by AI inference and Agentic AI workloads. AMD is also collaborating with ASE Technology and Silicon Precision Industries on advanced 2.5D EFB bridge interconnect technology, with its Helios rack-scale AI server platform slated for H2 deployment.
Adding fuel to the rally, analysts have raised price targets significantly, with one firm lifting its target to $562 from $291 while maintaining a buy rating. Citi analysts project the data center CPU market could expand from $29.3 billion in 2025 to $131.5 billion by 2030, a 35% CAGR, with AI agent-driven CPU demand emerging as the fastest-growing segment.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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