Home / Business and Economy / NVIDIA AI Buzz Lifts AMD Stock
NVIDIA AI Buzz Lifts AMD Stock
26 May
Summary
- AMD shares rose amid positive AI infrastructure sentiment from NVIDIA.
- NVIDIA secured U.S. licenses for H200 chip sales to Chinese customers.
- AMD's estimated earnings for August 2026 show significant year-over-year growth.
Advanced Micro Devices (AMD) saw its stock price climb, with shares up 3.06% in premarket trading. This positive movement is attributed to the broader sentiment surrounding AI infrastructure, spurred by NVIDIA's recent statements. NVIDIA indicated a robust second half for Taiwan's semiconductor supply chain, driven by its Vera Rubin platform. The U.S. has granted licenses for NVIDIA to sell H200 chips to Chinese clients, although no shipments have occurred. China represented over 22% of AMD's net sales in fiscal 2025. Looking ahead, AMD's estimated earnings report for August 4, 2026, projects EPS of $1.55 and revenue of $11.28 Billion, reflecting substantial year-over-year growth. The stock currently holds a 'Buy' rating from analysts, with an average price target of $459.96.
