AMD stock price leaps 8% on KeyBanc call as Feb. 3 earnings near
AMD shares jumped 7.6% to close at $249.80 on Wednesday after KeyBanc cited tight 2026 server chip supply and potential price hikes. The company named former Accenture CFO KC McClure to its board, expanding to nine directors. Investors are watching for AMD’s earnings and guidance amid strong demand for server and AI chips.