AMD Soars 14%: Q1 Crusher, Q2 Guide Lift, Goldman $450 Price Target Ignite AI Frenzy

Quick Read

• Advanced Micro Devices (AMD) banal surged 14% to $406 connected a Q1 2026 bushed ($10.25B revenue, +38% YoY), Q2 guidance of $11.2B (+46% YoY), and Goldman Sachs $450 upgrade.

• AMD’s information halfway gross deed $5.78B (+57% YoY) with a Meta Platforms (META) woody for 6GW of customized MI450 GPUs, triggering TD Cowen $500 and Morningstar $450 terms targets.

• The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and AMD wasn't 1 of them. Get them present FREE.

Shares of Advanced Micro Devices (NASDAQ:AMD) are up by astir 14% successful aboriginal Wednesday trading, changing hands adjacent $406 aft a triple-catalyst nighttime that combined a Q1 2026 beat, a sharply higher Q2 2026 outlook, and a Goldman Sachs upgrade. Premarket gains ran person to 20% earlier the unfastened trimmed the move.

The rally extends an already torrid run. AMD banal is up astir 66% twelvemonth to day and 253% implicit the past year, and Tuesday's after-hours popular pushed the marketplace headdress backmost toward $579 billion.

The setup is rare. Current execution, guardant visibility, and organization screen each landed successful the aforesaid 12-hour window, and each portion reinforces the other.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and AMD wasn't 1 of them. Get them present FREE.

Earnings Crush Plus Guide Lift

Advanced Micro Devices' Q1 2026 gross came successful astatine $10.25 billion, up 38% twelvemonth implicit twelvemonth and up of the $9.91 cardinal statement by astir 3%. Non-GAAP EPS of $1.37 topped the $1.2939 estimate, and escaped currency travel much than tripled to $2.57 billion.

Data Center gross carried the 4th astatine $5.78 billion, up 57% twelvemonth implicit year. Moreover, AMD's lawsuit gross roseate 26%, gaming added 11%, and embedded gained 6%. Non-GAAP gross borderline expanded 170 ground points to 55%.

Q2 guidance is what truly moved the stock. AMD's absorption is calling for gross of astir $11.2 cardinal astatine the midpoint, implying 46% year-over-year maturation and astir 9% sequential acceleration. Non-GAAP gross borderline should tick up to astir 56%.

Advanced Micro Devices CEO Lisa Su framed the trajectory directly, asserting, "Customer engagement astir MI450 Series and Helios is strengthening, with starring lawsuit forecasts exceeding our archetypal expectations." Management besides flagged a $120 cardinal full addressable marketplace (TAM) for server CPUs by 2030, the semipermanent anchor for the bull thesis.

Goldman's $450 Call and Analyst Pile-On

Goldman Sachs upgraded AMD banal to Buy with a $450 terms target, citing assurance crossed AI accelerators, EPYC server CPUs, and adjacent information halfway products. That gives organization buyers screen to pursuit the determination into a banal that has already tally hard.