Advanced Micro Devices stocks: AMD share price rises over 2 per cent thanks to Trump bonanza. What to expect today?

AMD or Advanced Micro Devices share price was up over two per cent on Thursday. Stocks of Advanced Micro Devices, Inc. (NASDAQ: AMD) continue to attract attention from investors amid ongoing momentum in the semiconductor sector. Known for its high-performance computing and graphics solutions, AMD has emerged as a key player in the rapidly evolving landscape of artificial intelligence (AI), gaming, and data center technologies. With a growing portfolio of cutting-edge chips, including the EPYC server processors and the Ryzen desktop CPUs, the company is positioning itself to compete directly with industry giants like Intel and NVIDIA.

Global technology stocks advanced on Thursday in a relief rally after the latest tariff salvo from U.S. President Donald Trump largely exempted industry heavyweights from his threat to impose 100 per cent levy on chips and semiconductors. Trump said the new tariff rate would apply to "all chips and semiconductors coming into the United States," but would not apply to companies that had made a commitment to manufacture in the U.S. or were in the process of doing so.

U.S.-listed chipmakers advanced broadly, with Advanced Micro Devices up 2.5 per cent, Intel gaining 2.1 per cent and Nvidia up 1.1 per cent.


"A major uncertainty has been removed and investors can finally move on," UBS analysts said in a note.

Semiconductor manufacturing equipment supplier Applied Materials and chipmakers Texas Instruments, GlobalFoundries and Broadcom - Apple's partners in the investment effort - climbed between 0.8 per cent and 10.1 per cent.

European chipmakers also joined the rally, with ASML, ASMI and BE Semiconductor Industries climbing about 3 per cent each.

Germany's Infineon said it could not speculate on possible semiconductor tariffs, as no details have been disclosed yet. Its shares were up 0.6 per cent.

Trump's latest on semiconductor tariffs seemingly rules out Taiwanese chip contract manufacturer TSMC, which makes chips for most U.S. companies, including Nvidia, as it has factories in the U.S.

FAQs

Q1. How are AMD shares performing?
A1. AMD or Advanced Micro Devices share price was up at pre-market 166.77 +3.65 (2.24 per cent).

Q2. How are AMD, Intel, Nvidia stocks performing?
A2. U.S.-listed chipmakers advanced broadly, with Advanced Micro Devices up 2.5 per cent, Intel gaining 2.1 per cent and Nvidia up 1.1 per cent.