AMD Jumps 6.6% Toward Trillion-Dollar Club on Goldman Upgrade — Still a Buy?
AMD surged 6.61% to $552, leading the semiconductor rebound after Goldman Sachs raised price targets on both AMD and Teradyne (TER), reinforcing persistent sell-side conviction. Market debate intensified around whether AMD can join the trillion-dollar club before end of 2026, with the Dow's 53,000 breakthrough and Nasdaq rebound amplifying tech momentum. AMD's narrative of outperforming Nvidia year-to-date remains intact. With Goldman's backing meeting trillion-dollar upside, is this 6.6% high-volume rally the start of a new leg higher, or a short-term sentiment overshoot?