---
title: "Key facts: AMD Up on Samsung Talks; Bernstein Lifts PT; Joins EigenQ"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290155543.md"
description: "AMD shares rose ~3% premarket on reports of potential Samsung chip production partnership amid tight TSMC capacity. Bernstein raised AMD's price target to $600, citing strong server-CPU demand. Additionally, AMD partnered with quantum firm EigenQ for post-quantum cryptography applications, while ARK Invest sold approximately $13M in AMD shares as part of ongoing portfolio adjustments."
datetime: "2026-06-18T07:13:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290155543.md)
  - [en](https://longbridge.com/en/news/290155543.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290155543.md)
---

# Key facts: AMD Up on Samsung Talks; Bernstein Lifts PT; Joins EigenQ

-   AMD shares rose ~3% premarket after reports Samsung may partner on chip production as TSMC capacity is tight, potentially affecting AMD's AI chip supply and manufacturing capacity. 1
-   Bernstein raised AMD price target to $600 from $525, kept Outperform. Firm cites stronger server-CPU market and says forecasts already reflect industry upside, so estimate changes were modest. 2
-   AMD partners with EigenQ, a quantum tech firm pursuing a $3B SPAC deal. Collaboration targets post-quantum cryptography, quantum-safe comms and sensing for defense, industry and strategic apps. 3
-   ARK sold 23,844 AMD shares (~$13M) Tuesday; part of ongoing AMD disposals since May as ARK trims holdings to raise cash for other investments. 4

### Related Stocks

- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md)
- [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md)
- [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md)
- [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md)
- [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md)
- [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md)
- [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)
- [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md)
- [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md)
- [TSM.US](https://longbridge.com/en/quote/TSM.US.md)
- [AB.US](https://longbridge.com/en/quote/AB.US.md)
- [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md)

## Related News & Research

- [Barnes Wealth Management Group Inc Buys New Stake in Advanced Micro Devices, Inc. $AMD](https://longbridge.com/en/news/290274541.md)
- [19:17 ETGIGABYTE's Ultimate Summer Upgrade Guide: Unleash Your Dream Build During Our Massive Mid-Summer Sales Event](https://longbridge.com/en/news/290749352.md)
- [12:45 ETOPAQUE Extends the Agent Governance Toolkit with Verifiable Identity and First Ever Verifiably Governed and Secure MCP](https://longbridge.com/en/news/290592275.md)
- [BUZZ-Rackspace up, cuts workforce and signs data center deal with AMD](https://longbridge.com/en/news/289967854.md)
- [Citi Upgrades AMD Stock to ‘Buy’ on Massive Meta GPU Sales Potential](https://longbridge.com/en/news/290082272.md)