AMD is trading at $333.45 (+3.2%) after Susquehanna raised its price target to $375 from $300, citing strong data center and AI GPU momentum.
- Analysts highlighted significant growth potential for the MI350 and MI450 chips, driving the positive outlook despite broader market weakness.
- The stock is bucking the current trend as the Nasdaq falls 0.4% and other AI semiconductor peers face selling pressure.
- This upward move comes just ahead of AMD's Q1 2026 earnings report, which is scheduled for release next week.