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Benzinga
Benzinga
Business
Vaishali Prayag

FOUND: Amd stock is rising thursday what s going on - You Need To See This

AMD HSBC Advanced Micro Devices, Inc
AMD

Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) are trading higher Thursday afternoon after HSBC upgraded the stock from Hold to Buy and set a $200 price target.

What To Know: The firm cited significantly higher expectations for AMD's artificial intelligence revenue in fiscal 2026, projecting $15.1 billion compared to the current consensus of $9.6 billion, a 57% upside, according to Investing.com.

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