AMD.BA is trading 2.2% up today at $81,300.00 driven by positive company-specific developments and a broader market rebound. * Cantor Fitzgerald raised its price target for AMD to $700 from $500, citing momentum in the compute market and advancements in AI. * AMD also announced a definitive agreement with Rackspace Technology for the phased deployment of AMD-based compute deployments across its global data centers. * The move aligns with a broader recovery in U.S. equities and the technology sector after recent AI and tech volatility.