# Intel Corporation’s (INTC) blowout earnings last week lit a fire under the entire chip sector.

*semiconductor · news · 2026-04-30 · Barchart*

## Key points

- AMD stock surged 13.9% to a record $352.99 after Intel's strong earnings boosted the sector.
- Susquehanna raised its AMD price target from $300 to $375, citing strong server and MI350 demand.
- Analysts project AMD's GPU revenue will reach $17 billion by 2026 due to accelerating AI demand.
- AMD's Q4 2025 revenue hit $10.3 billion, 34.1% higher YOY, outperforming analyst expectations.

**Companies:** Intel Corporation, Advanced Micro Devices
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1628187/as-data-center-demand-grows-susquehanna-says-you-should-buy-amd-stock-before-may-5)

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