AMDs 128B Volume Ranks 7th as AI Optimism Drives 49 YTD Surge

On July 31, 2025, Advanced Micro Devices (AMD) traded with a volume of $12.83 billion, ranking seventh in market activity. Despite a 1.78% decline in its share price, the stock has surged 49% year-to-date, driven by growing optimism around its AI capabilities. Analysts highlight AMD’s potential to regain market share amid NVIDIA’s dominance, citing advancements in AI accelerators as a key differentiator.

Recent discussions among investors focus on AMD’s position within the iShares Future AI and Technology ETF, which allocates 5.66% to AMD—second only to NVIDIA’s 5.04%. The ETF’s 48-stock portfolio underscores the sector’s concentration in infrastructure and software leaders, with AMD’s data center chips and embedded solutions playing a critical role in AI development. However, earnings projections for AMD’s upcoming Q2 report indicate a 31.9% year-over-year drop in earnings per share, though revenue is expected to rise 27% to $7.41 billion, reflecting mixed market expectations.

Performance metrics from Wall Street analysts suggest divergent trends across AMD’s business segments. While data center and client revenue are projected to grow by 16.8% and 69.4% respectively, gaming and embedded segments face declines of 15.8% and 5%. This highlights the stock’s reliance on AI-driven demand, contrasting with softer performance in traditional markets. The Zacks Rank #3 rating positions AMD to mirror broader market movements, with its 29.6% one-month return outpacing the S&P 500’s 2.7%.

A backtest of a liquidity-focused strategy revealed compelling results: purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to July 30, 2025. This outperformed the benchmark by 137.53%, underscoring the potential of high-liquidity stocks to capitalize on short-term momentum. AMD’s inclusion in such a strategy aligns with its market activity and sector exposure, reinforcing its role in volatility-driven trading environments.