As of now, the stock price of AMD is $186.62 with mild upward pressure from institutional portfolio rebalancing. AI-focused product launches in the coming months may support forecasts for surpassing $190 in the near term. Advanced Micro Devices Inc (NASDAQ: AMD ) shares are trading higher late Thursday, extending gains from Wednesday’s session fueled by multiple developments. Here’s what investors need to know . AI Boom Drives Advanced Micro Devices' (AMD) EPYC CPUs Adoption The stock price of AMD is fluctuating around $186.50, with intraday volatility driven by semiconductor sector news. Industry analysts forecast double-digit revenue growth in 2024 due to AI chip supply agreements. This could sustain AMD’s upward momentum toward the $190 benchmark.