Advanced Micro Devices (NASDAQ: AMD) closed on Friday with a share price up 1.1%, following a session where it peaked at a 4.7% gain. In contrast, the S&P 500 fell 0.2% and the Nasdaq Composite dropped 0.5%. The stock’s rise was triggered by increasing speculation regarding AMD’s role in the artificial intelligence (AI) sector, despite concerns over new semiconductor export restrictions and geopolitical tensions in the Middle East.
Last week, at its Advancing AI 2025 conference, AMD introduced its Instinct MI350 GPU and revealed agreements to supply OpenAI with processing hardware. Market sentiment has turned more bullish following these announcements, even though AMD continues to face challenges from competitors like Nvidia. However, external factors such as stricter US tech export regulations and potential conflicts in the Middle East could affect stock performance moving forward.
