# AMD jumped 14.9% and was ‌set to add more than $86 billion in market value, if gains hold.

*semiconductor · news · 2026-05-06 · CNBC TV18*

## Key points

- AMD raised its server CPU addressable market growth forecast to over 35% annually through 2030.
- At least 20 brokerages increased AMD's price target, with Evercore ISI's $579 the highest on Wall Street.
- AMD's valuation has climbed to 42.4 times forward earnings, double Nvidia's multiple.
- Super Micro forecasted above-expectation Q4 results despite legal concerns over illegal chip shipments to China.

**Companies:** AMD, Intel, Qualcomm, Nvidia, Samsung Electronics, Arm Holdings, Super Micro, Dell
**Countries:** United States, South Korea, Taiwan, Malaysia, Netherlands

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/amd-shares-hit-record-high-spark-global-chips-rally-on-ai-demand-optimism-ws-l-19900478.htm)

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