What is driving AMD's stock surge?

AMD's stock surge is being driven by a wave of artificial intelligence-related deals, including a major OpenAI chip supply agreement and an Oracle Cloud GPU order.

How much have AMD shares gained year-to-date?

AMD shares have gained approximately 90% year-to-date as of October 27, 2025.

What are Wall Street analysts saying about AMD's future?

Wall Street analysts have raised their price targets for AMD, with Bank of America setting a $300 target and HSBC following with a $310 target, citing the company's continued AI-driven momentum and strong market positioning.

Home / Business and Economy / AMD Surges 90% YTD on AI Deals, Hits Fresh Record Highs

AMD Surges 90% YTD on AI Deals, Hits Fresh Record Highs

27 Oct

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Summary

AMD stock trades near all-time high of $253 on October 27, 2025
Powered by 90% year-to-date gains driven by AI partnerships
Wall Street analysts raise price targets to $300+ on AI momentum

On October 27, 2025, AMD's stock is hovering around $253 per share, trading near its all-time high. The chipmaker's stock has seen a remarkable 90% surge in year-to-date gains, powered by a wave of artificial intelligence-related deals.

The rally has been driven by a flurry of high-profile AI partnerships. A major OpenAI chip supply deal on October 6 triggered a 34% single-day jump, while an Oracle Cloud GPU order on October 14 added more momentum. Most recently, news of an IBM quantum computing breakthrough using AMD chips lifted the stock another 7-8% on October 24, pushing it to fresh record highs.

Wall Street analysts are racing to adjust their forecasts upward, with Bank of America raising its 12-month price target to $300 and HSBC following with a target of $310. Dozens of analysts have upgraded AMD to a Buy rating, citing continued AI-driven momentum and strong market positioning. However, a handful of skeptics remain Neutral, setting more conservative price targets around $210 amid concerns of overvaluation and profit-taking.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.