AMD Trading Volume Surges 39.36% to 20th Position as Seaport Global Initiates Buy Rating

On April 30, 2025, Advanced Micro Devices (AMD) saw a significant surge in trading volume, with a total turnover of 27.78 billion, marking a 39.36% increase from the previous day. This substantial rise placed AMD's trading volume at the 20th position among all stocks traded that day.

Seaport Global Securities has initiated coverage on AMD, assigning it a Buy rating and setting a price target of $110. This positive outlook is supported by a consensus rating of OUTPERFORM from 49 analysts. The investment bank's decision to start coverage with a bullish stance reflects growing confidence in AMD's market performance and future prospects.

Seaport Global analyst Jay Goldberg, who initiated the coverage, highlighted AMD's strong market performance and potential for growth. This move by Seaport Global underscores the increasing interest and optimism surrounding AMD's position in the semiconductor sector, particularly in the context of the AI trade.