---
title: "Advanced Micro Devices (NASDAQ: AMD) Live: Stock Soaring Higher Pre-Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240170370.md"
description: "Advanced Micro Devices (NASDAQ: AMD) stock is set to open higher, currently up 3.3% or $3.74. This rise is attributed to a cooling trade war with China and a $10 billion partnership with Saudi Arabia's AI company, Humain. Analysts are optimistic, with DZ Bank maintaining a buy rating and a $200 price target, while Bank of America raised its target to $130, citing significant revenue growth and potential from the Saudi deal. AMD's earnings report showed EPS of 96 cents and revenue of $7.44 billion, exceeding expectations."
datetime: "2025-05-14T12:28:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240170370.md)
  - [en](https://longbridge.com/en/news/240170370.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240170370.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/240170370.md) | [繁體中文](https://longbridge.com/zh-HK/news/240170370.md)


# Advanced Micro Devices (NASDAQ: AMD) Live: Stock Soaring Higher Pre-Market

The **Advanced Micro Devices** (NASDAQ: AMD) stock is set to open even higher when markets open today. At the moment, shares of AMD are up about 3.3%, or $3.74.

That’s because of two key catalysts.

First, the trade war with China is finally cooling, at least for the next 90 days. That should remove a good deal of uncertainty from tech stocks, like AMD.

Second, the company just partnered with Saudi Arabia’s AI company, Humain, in a $10 billion deal.

As noted by Wedbush, “We believe the market opportunity in Saudi Arabia could over time add another $1 trillion to the broader global AI market in the coming years and this dynamic is not being priced into the market and tech names in our view”.

## **Analysts are Calling for AMD to Challenge $200**

Analysts at DZ Bank just reiterated a buy rating on AMD with a $200 price target.

All thanks to blowout earnings. EPS of 96 cents beat by three cents. Revenue of $7.44 billion, up 36% year over, beat estimates by $320 million.

Data Center revenue jumped 57% year-over-year to $3.7 billion thanks to its MI300 AI accelerator and its Instinct and EPYC processors.

Revenue from the Client and Gaming segment, which houses AMD’s PC business, was up 28% year-over-year to $2.8 billion. Client revenue was $2.3B, up 68% year-over-year, while gaming revenue tumbled 30% year-over-year to $647 million.

Analysts expected EPS of 94 cents on revenues of $7.12 billion.

Analysts at Bank of America just raised its price target by $10 to $130 a share. All thanks to AMD’s latest deal with Saudi Arabia. **“**Bank of America predicts these projects to cost between $3 billion to $5 billion annually, which equates to a range of $15 billion to $20 billion across multiple years”.

The post Advanced Micro Devices (NASDAQ: AMD) Live: Stock Soaring Higher Pre-Market appeared first on 24/7 Wall St..

### Related Stocks

- [Advanced Micro Devices, Inc. (AMD.US)](https://longbridge.com/en/quote/AMD.US.md)

## Related News & Research

- [Exclusive: Freedom Holding analyst dubs AMD stock superior to Nvidia](https://longbridge.com/en/news/264489772.md)
- [AMD Q3 Preview: Can the AI Rally Keep Its Power?](https://longbridge.com/en/news/264006860.md)
- [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md)
- [Warren Buffett teams up with NBA superstar Stephen Curry for charity lunch, reviving iconic auction](https://longbridge.com/en/news/281182480.md)
- [How JPMorgan's plan to revive the American dream by going smaller would also help itself](https://longbridge.com/en/news/281225965.md)