AMD shares surge as investor demand rises on strong AI CPU market

13 articles · Updated · CNBC · Apr 24

AMD stock jumped over 12% on Friday after Intel's earnings revealed unexpectedly high CPU demand for AI, prompting analysts to upgrade AMD and raise its price target to $375.
Intel's strong second-quarter guidance and forecast for double-digit server CPU growth in 2026 fueled optimism for the entire CPU sector, with Wall Street analysts highlighting AMD as a key beneficiary.
Analysts now see CPUs as critical to AI infrastructure, with some speculating Intel could lose market share to AMD amid rising demand and shifting compute needs beyond GPUs.

Intel is surging, but could its production delays hand the entire AI market to AMD?

Are CPUs truly resurgent, or is this a temporary boom before GPUs evolve to dominate?

Can custom chips from Google and Meta break the market dominance of Intel and AMD?

As AI creates shortages, what critical tech component will be the next major bottleneck?

Will the global power grid collapse before the AI infrastructure boom is even complete?