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After a strong rally throughout 2025, Advanced Micro Devices (AMD) stock recently pulled back, sliding about 28.8% from its recent peak of $267.08. The stock came under pressure following its recent quarterly results.
Despite recent weakness, Wall Street’s outlook on AMD stock remains bullish. Analysts point to strong underlying demand for AMD’s high-performance computing and artificial intelligence (AI) products, which are expected to drive revenue and earnings growth in the coming quarters. These end markets continue to benefit from rising enterprise and data center spending, positioning the company well for longer-term growth.