What Is Happening With Advanced Micro Devices Stock?
Advanced Micro Devices (AMD) stock soared over 100%, sparked by a powerhouse earnings beat and soaring AI demand. With revenue climbing 32%, margins expanding, and a hot partnership with Meta, investors are betting big on its AI-driven future. Let’s dive into what’s really lighting up this rally.
Below is an analytical breakdown of stock movement into key contributing metrics.
| 1262025 | 1262026 | Change | |
|---|---|---|---|
| Stock Price ($) | 122.8 | 251.3 | 104.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 24,295.0 | 32,027.0 | 31.8% |
| Net Income Margin (%) | 7.5% | 10.3% | 37.3% |
| P/E Multiple | 109.0 | 123.6 | 13.4% |
| Shares Outstanding (Mil) | 1,620.0 | 1,626.0 | -0.4% |
| Cumulative Contribution | 104.6% |
So what is happening here? The stock price surged 105%, driven by a 32% rise in revenue, a 37% boost in net margin, and a 13% jump in the P/E multiple. Let’s explore what fueled these gains next.
Here Is Why Advanced Micro Devices Stock Moved
- Advanced Micro Devices Stock Surged 100%, Here’s Why
- Triggers That Could Ignite the Next Rally In Advanced Micro Devices Stock
- Advanced Micro Devices Stock To $162?
- Why Advanced Micro Devices Stock Could Tumble
- Advanced Micro Devices Stock To $147?
- Advanced Micro Devices Stock Drop Looks Sharp, But How Deep Can It Go?
- Q3 2025 Earnings Beat: Record $9.2B revenue and $1.20 EPS beat estimates; stock fell 3.67% after-hours.
- AI Data Center Growth: Data center sales surged 57% in Q1 2025, driven by demand for MI300X/MI350 AI accelerators.
- Meta Platforms Partnership: Meta became a top AI accelerator customer in 2025, purchasing MI455X AI boards for inference.
- Raised AI Market Outlook: AMD increased its data center AI TAM forecast to over $1 trillion by 2030 at Analyst Day.
- MI450 Series Anticipation: Anticipated launch of MI450 AI GPUs in H2 2025, including rack-scale solutions.
Our Current Assesment Of AMD Stock
Opinion: We currently find AMD stock relatively expensive. Why so? Have a look at the full story. Read Buy or Sell AMD Stock to see what drives our current opinion.
Risk: A good way to gauge AMD’s risk is to check how deep its drops have been in past market crises. The stock plunged over 83% in the Dot-Com Bubble and nearly 91% during the Global Financial Crisis. Even the inflation shock in 2022 dragged it down more than 65%. Smaller sell-offs like the 2018 correction and the Covid pandemic still hit AMD with declines around 49% and 34%, respectively. Strong fundamentals matter, but when markets turn sharply negative, AMD has shown it can still take serious hits.
AMD stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index—less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.