AMDs 1289 Billion Volume Climbs to 7th as China License Hopes Fuel 459 YTD Stock Rally

On August 1, 2025, Advanced Micro Devices (AMD) traded with a volume of $12.89 billion, ranking seventh in market activity. Susquehanna upgraded AMD’s price target to $210 from $135, citing potential recovery in China-related sales following a government review of its MI308 AI chip export license. The firm estimates AMD could regain $800 million in revenue by year-end if the license is renewed, reversing prior negative forecasts tied to China restrictions.

AMD’s second-quarter earnings report on August 5 is expected to show $7.4 billion in revenue, with data center and client segments driving growth. The data center business, fueled by EPYC processors and AI chip demand, is projected to reach $3.31 billion in revenue, while the client segment benefits from Ryzen adoption and partnerships like Dell Technologies. However, the embedded segment remains a drag, with flat revenue and a 4.9% annual decline anticipated.

Strategic collaborations with Nokia, Microsoft, and others highlight AMD’s expanding ecosystem. The company’s 45.9% year-to-date stock gain outperformed peers, though its stretched valuation—trading at 8.16x forward price-to-sales—raises concerns. Analysts caution that $700 million in Q2 revenue losses from China export controls and competitive pressures from NVIDIA could temper growth.

The strategy of purchasing the top 500 high-volume stocks and holding for one day returned 166.71% from 2022 to present, far exceeding the 29.18% benchmark. This underscores liquidity-driven opportunities in volatile markets, with stocks like Booking Holdings and Motorola Solutions contributing to consistent short-term gains despite varying conditions.