AMD holds steady after UBS sets $1.1T target, AI rivalry grows
Advanced Micro Devices, Inc. finished Wednesday little changed. UBS, which had one of the highest targets on AMD, reset its view, but the stock barely moved. Investors didn't rush to buy on another AI-chip call. AMD slipped 11 cents to end the day at $519.74, moving between $503.50 and $524.96. In after-hours trading, shares jumped 3.45% to $537.69 with 2.03 million shares changing hands. Volume during normal hours was 25.76 million shares—about 68% of the 65-day average.