AMD Upgraded to Buy, Shares Jump 18%

Wall Street analysts Goldman Sachs and Bernstein upgraded AMD to Buy, raising price targets to $450 and $525 after Q1 beat.
AMD reported Q1 revenue $10.25B and EPS $1.37, surpassing estimates of $9.9B and $1.28, with datacenter revenue up 57% YoY.
AMD guided Q2 revenue $11.2B, above Street estimate $10.5B, forecasting double‑digit datacenter growth and >70% YoY server CPU increase.
Shares surged over 18% on the day; other analyst moves highlighted Alibaba as AI leader, HubSpot downgrade, BofA materials outlook, Rubrik initiation.