US Stocks: US-based multinational chipmaking company, Advanced Micro Devices (AMD), stock price jumped more than 6% during the pre-market trading session on Wall Street as the chipmaker forecasts data centre-driven sales growth in the next few years.
According to the data collected from MarketWatch, the AMD stock price rose more than 6% to hit a high of $253.62 during the pre-market trading session on Nasdaq, compared to $237.52 at the previous US stock market close.
AMD sales growth forecast
According to a Bloomberg report on Wednesday, 12 November 2025, AMD’s Chief Executive Officer (CEO), Lisa Su, said that the annual revenue growth of the company will average more than 35% over the next three to five years.
The CEO also highlighted that AMD’s artificial intelligence (AI) data centre revenues are expected to rise an average of 80% over the same three to five-year period.
This future outlook for the company, along with the executive’s outlook on the adjusted profit reaching $20 per share and operating margin of 25% fueled the stock market rally in the company shares on Wednesday.
AMD stock price trend
AMD shares are trading more than 8% higher at $267.08 at 9:35 a.m. (EDT) after the US stock market opened on Wednesday, according to the data collected from MarketWatch.
AMD stocks closed 2.65% lower at $$237.52 after Tuesday’s stock market session. The shares opened for Wednesday’s market at 8:00 p.m. (IST), factoring in the daylight savings time in the United States.
The shares of AMD have given US stock market investors more than 191% returns on their investment in the last five years and over 65% returns in the last one-year period.
On a year-to-date (YTD) basis, the company’s shares have risen 96.90% in 2025 and are up 9.75% over the last one-month period. However, the shares of the chipmaking company are trading 2.30% lower in the last five market sessions on Wall Street.
MarketWatch data also showed that the AMD stock hit its 52-week high level of $267.08, while the 52-week low level stood at $76.48. The company’s market capitalisation (M-Cap) stood at $386.69 billion as of the stock market session on Wednesday, 12 November 2025.
Read all stories by Anubhav Mukherjee
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
