AMD The stock price continued to rise, closing up 6.36% on September 17th and gaining another 1.68% after the market session. As of press time, the stock price is at $554.26, not far from the historical high of $584.73. The market links this round of increase with the strengthening demand for AI computing power.

Nebius Increases chip prices

One of the factors that contributed to the rise in sentiment was the announcement by cloud service provider Nebius of an increase in the prices for its platform chips. The report mentioned that Nvidia GPU raised its prices by 17% to 21%, while AMD's EPYC Genoa CPU saw a price increase of 25%.

This change is generally interpreted by the market as indicating that the demand for computing power remains strong, especially against the backdrop of the continuous expansion of AI training and inference-related businesses, and chip suppliers' bargaining power is also increasing.

Data center revenue doubles in growth

AMD The recent fundamental performance has also provided support for the stock price. Reports show that the company's data center revenue in the second quarter of 2026 reached $6.7 billion, a year-on-year increase of 107%.

Data center business has become an important pillar of the valuation for AMD. If the procurement of servers and enterprise computing power by AI remains high, market expectations for its subsequent performance are likely to remain strong.

The market is looking forward to the next set of financial reports.

The report also mentioned that the Helios chip of AMD is performing well, and there is widespread concern in the market as to whether this product will continue to show growth in the next quarterly financial report.

At the same time, analysts Piper Sandler, David O, and Connor maintain a target price of $600 for AMD AI. Although this represents the view of institutions, it also reflects the current market's optimistic expectations regarding the business expansion of AMD AI.