Advanced Micro Devices Inc. (NASDAQ: AMD) experienced a notable uptick on May 2, 2025, with its stock closing at $98.80, marking a 2.22% increase from the previous day. This surge reflects growing investor confidence as AMD approaches the significant $100 threshold.

Intraday Performance and Market Dynamics

The trading session commenced with AMD opening at $98.40. The stock reached an intraday high of $99.88, just shy of the psychological $100 mark, before settling at $98.80. The day’s low was recorded at $98.30. Post-market trading saw a slight increase, with shares priced at $99.08, indicating sustained investor interest.

Volume and Market Capitalization

AMD’s trading volume for the day stood at approximately 29.96 million shares, slightly below its 30-day average. The company’s market capitalization is estimated at $159.7 billion, underscoring its significant presence in the semiconductor industry.

Comparative Sector Performance

On the same day, other semiconductor companies also experienced gains:

• Applied Materials Inc. (AMAT) rose by 4.12% to $155.10.(MarketWatch)
• Analog Devices Inc. (ADI) increased by 2.50% to $198.59.(MarketWatch)
• Lam Research Corp. (LRCX) advanced by 3.89% to $74.52.(MarketWatch)

These movements suggest a broader positive sentiment in the semiconductor sector.

Analyst Insights and Future Outlook

Analysts maintain a bullish stance on AMD, with some setting price targets as high as $180. The company’s focus on AI and data center markets positions it favorably for future growth. However, potential risks include global economic uncertainties and competitive pressures.

AMD’s performance on May 2 reflects strong investor confidence and aligns with positive trends in the semiconductor sector. As the company continues to innovate and expand its market reach, it remains a key player to watch in the technology landscape.

Stock market information for Advanced Micro Devices Inc. (AMD)

• Advanced Micro Devices Inc. is a equity in the USA market.
• The price is 98.8 USD currently with a change of 2.13 USD (0.02%) from the previous close.
• The latest open price was 98.4 USD and the intraday volume is 29957888.
• The intraday high is 99.87 USD and the intraday low is 96.78 USD.
• The latest trade time is Saturday, May 3, 05:45:00 +0530.