Advanced Micro Devices (AMD) stock is ripping higher on Thursday after senior Susquehanna analyst Christopher Rolland issued a bullish note in favor of the chipmaker. In his research note, Rolland maintained a positive rating on AMD and raised his price objective to $500, signaling potential upside of more than 15% from its previous close.
Rolland’s bullish call is significant given AMD shares have already been a lucrative investment in 2026, currently trading at well over 2x their price at the start of this year.