Intel's better-than-expected results prompted analysts to upgrade AMD, its main CPU rival, citing surging demand from agentic AI workloads

Shares of Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) are up 13% in Friday morning trading, changing hands near $346 after closing Thursday at $305.33. The move pushes AMD stock to a fresh record high and caps a blistering stretch that has lifted the stock 63% in the past month.

Luria pointed to Intel 's blowout earnings report released after the market close on Thursday as a reason to be bullish on AMD's shares. The semiconductor titan's robust sales of data center chips provided clear evidence of the growing need for high-speed central processing units (CPUs) to power AI agents.

Arm Holdings (NASDAQ:ARM), or Advanced Micro Devices (NASDAQ:AMD)? The leaderboard just got reshuffled this morning. Intel stock gapped up +24.89% at the open after a blowout Q1 report, vaulting the chipmaker to the top of the 2026 podium and dragging the entire semiconductor complex higher.

AMD was upgraded at D.A. Davidson on Friday, as the investment firm cited a “structural increase” in CPU demand, due to agentic artificial intelligence. Shares of t

Intel’s stronger-than-expected first-quarter results, fueled by surging AI-related CPU demand, led D.A. Davidson to upgrade AMD to ‘Buy’ and raise its price target by 70%. Analysts see CPUs regaining importance in AI infrastructure, with both Intel ...

There’s essentially no competition for AMD’s best gaming CPU, the Ryzen 7 9850X3D. That may finally change. New leaks of Intel’s Nova Lake desktop CPUs may hold the key to better future gaming PCs. Or,

Advanced Micro Devices extended its winning streak to a 4th consecutive day on Friday to hit a new all-time high, after an investment firm turned bullish for its stock, raising its rating and price

Intel surges after the chip maker posts solid first-quarter results, sending shares of industry peers higher as well.