AMD's AI GPU Pipeline Drives 9th Ranked Trading Volume and 8.62% Gain in Four Days

On July 11, 2025, Advanced Micro Devices (AMD) saw a trading volume of 72.51 billion, ranking ninth in the day's stock market activity. The stock rose by 1.57%, marking its fourth consecutive day of gains and a total increase of 8.62% over the past four days.

HSBC has upgraded AMD to a "buy" rating, citing the company's strong AI GPU pipeline. The MI350 series, in particular, is expected to command a significant pricing premium, which could drive AMD's 2026 AI sales to $15.1 billion, surpassing current forecasts by 57%.

AMD's AI chips, such as the MI350, are designed with advanced features like 56 compute units, 288 GB of high-speed memory, and 8 TB per second of bandwidth. These specifications allow the MI350 to potentially match or even surpass Nvidia's Blackwell B200 chips in certain AI tasks, all while being 30% more cost-effective. This has attracted the attention of major tech buyers who are considering diversifying their AI hardware suppliers.

HSBC's upgrade is based on the expectation that AMD's new MI350 data center GPUs will sell for an average of $25,000, significantly higher than the previous estimate of $15,000. This pricing power has led HSBC to raise its 2025 and 2026 earnings estimates for AMD by 13% and 23%, respectively. The firm has also set a new price target of $200 for AMD, reflecting a 31x multiple of the projected 2026 earnings per share.

AMD's success in the AI sector is part of a broader turnaround story under CEO Lisa Su. The company has made strategic bets on bold designs and faster chips, which have paid off as AI reshapes various industries. AMD's open-source software platform, ROCm 7.0, and its smart chiplet design further enhance its competitive edge. The upcoming MI400 series, slated for launch next year, is expected to compete directly with Nvidia's next-gen Vera Rubin platform, further solidifying AMD's position in the AI market.