---
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

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