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AMD Stock Surges 173% in Trading Volume, Ranks Top 3 in Daily Turnover
Generated by AI AgentAinvest Volume Radar
Monday, Jun 16, 2025 7:59 pm ET1min read
On June 16, 2025,
(AMD) saw a significant surge in trading volume, with a total turnover of 126.15 billion, marking a 173.15% increase from the previous day. This substantial rise placed among the top three most traded stocks of the day.Piper Sandler, a prominent investment bank, has raised its price target for AMD stock, citing optimism about the company's GPU business and the potential for a rebound in PC demand. The new target price is set at $140, up from the previous $125, with an "overweight" rating maintained. This adjustment comes after AMD's recent "Advancing AI" event, which highlighted the company's advancements in artificial intelligence and server technology. Analysts at
expect a "snap back" in AMD's GPU business, driven by increasing demand for high-performance graphics processing units in various applications, including gaming, data centers, and AI workloads. The positive outlook from Piper Sandler has contributed to the bullish sentiment surrounding AMD stock, with shares trading at around $127 in recent sessions.
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