AMD shares jump 6.19% as chipmaker raises $4.75 billion and Bank of America lifts long-term server CPU outlook
AI Market Summary
AMD rose 6.19% on catalysts that reinforce funding capacity and long-duration AI/datacenter demand. A record $4.75B investment-grade bond issuance priced favorably, improving flexibility for capex and AI hardware expansion. Bank of America raised its 2030 server CPU TAM to >$210B and named AMD a top pick, citing "agentic AI" increasing CPU relevance. Management guided to strong server and AI datacenter growth.
Impact level
● Medium
Affected assets
NCSKAMD2USD/USDT+6.17%
AI Insight · NCSKAMD2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Advanced Micro Devices shares rose 6.19% on Friday, driven by two catalysts. The chipmaker completed its largest-ever investment-grade bond offering, raising $4.75 billion, as strong demand allowed its longest-dated bonds to price below early guidance. Bank of America analyst Vivek Arya raised his 2030 server CPU market forecast to over $210 billion and named AMD his top pick. Management also projected server revenue growth of more than 80% in the second half of 2026 and at least 70% in 2027, while its broader AI data center business is expected to grow well over 100% next year.
