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AMD Stock Surges 9.39% in Two Days, Trading Volume Ranks Third in Market Activity
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:00 pm ET1min read
On June 17, 2025,
(AMD) saw a trading volume of 106.44 billion, ranking third in the day's stock market activity. The stock rose by 0.54%, marking its second consecutive day of gains, with a total increase of 9.39% over the past two days.Piper Sandler has raised its price target for
from $125 to $140, maintaining an "overweight" rating for the stock. This move comes after AMD's "Advancing AI" event, where the company unveiled its new MI350 chips and Helios racks, generating significant enthusiasm from analysts.Analysts at
highlighted the potential of AMD's next-generation Helios server rack architecture, which is set to combine the company's upcoming MI400 chips into a larger system. This hardware, expected to be released in 2026, is seen as crucial for the growth of AMD Instinct GPUs.Bank of America analysts also speculated that AMD could announce Amazon as a partner following the tech giant's cloud unit, Amazon Web Services (AWS), being a key sponsor of the recent event. This partnership could further bolster AMD's position in the AI chip market, which is currently dominated by Nvidia.
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