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AMD stock tops 300 as AI chip demand and upgrades spark a fresh surge
Economy
Published on 24 April 2026
Next earnings could decide whether this AI-driven jump lasts
AMD shares are climbing quickly and breaking above the $300 mark as surging AI chip demand meets fresh analyst upgrades and optimistic price targets. Support is also coming from a broader semiconductor upcycle and continued spending by major tech firms. Investors are now focused on AMD’s upcoming earnings, which could confirm the rally—or signal a slowdown.
- AMD shares surged beyond $300 on AI chip demand
- Analyst upgrades and higher targets fueled momentum
- Semiconductor market strength and big tech spending helped
- Upcoming earnings will test whether gains can continue
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times