AMD (NASDAQ:AMD) Surges on AI Momentum, Up 3.7% at $216.04

AMD (NASDAQ:AMD) rose 3.7% in afternoon trading to $216.04 as momentum from its position in the AI market continued, extending gains from a prior rally. The rebound followed a recent sell-off despite strong fourth-quarter results: data center sales grew 32% year-over-year, and sales and EPS rose 34% and 40%, respectively. However, a more cautious Q1 outlook and expectations for AI growth tempered enthusiasm. The stock is down 3.3% YTD and 18.3% from its 52-week high of $264.33 at October 2025. Volatility remains high, with 33+5% moves in the past year.