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AMD stock surges 293% in a year, aiming for $900 per share by 2027 amid AI chip growth.

Market News
23 Sep 2026
24/7 Wall Street
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Bullish
AMD stock surges 293% in a year, aiming for $900 per share by 2027 amid AI chip growth.

AMD's stock has risen 293% in the past year, recently hitting a $1 trillion market cap milestone. The company is benefiting from strong demand for AI chips, with major deployments from Anthropic, Meta, and OpenAI driving revenue and earnings growth. Analysts have raised their 2027 earnings estimates, and AMD's management expects significant growth in its data center segment and AI accelerator market. With continued momentum and expanding margins, AMD could reach $900 per share by 2027, representing a 46% upside from current levels, though risks like export controls and gaming market declines remain.

AMD's stock performance and outlook provide context for technology sector trends. For readers following technology stocks, here is Pluang's market snapshot as of Sep 23, 2026 18:51 WIB: Of 150 priced technology-sector US stocks tradable on Pluang, 63 rose and 82 fell today. Notable movers include ASX at USD 43.81 with a 1-day change of -3.08% and a typical hold time on Pluang of 48 days, EXFY at USD 2.42 up 2.98%, and IT at USD 184.00 up 2.94%.

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