# Advanced Micro Devices shares were trading higher by 2.99% at $223.99 at the time of publication on Monday.

*business · news · 2026-04-06 · Benzinga*

## Key points

- Citi adopted a sum-of-the-parts valuation and slightly raised AMD's 2026 EPS forecast.
- AMD's server CPU market share now exceeds 40%, supporting potential earnings beats.
- The next major catalyst is the estimated May 5, 2026 earnings report with higher YoY estimates.
- AMD trades at a premium P/E of 83.3x, indicating a high valuation relative to peers.
- Significant ETF exposure means large fund flows could trigger automatic AMD stock trades.

**Companies:** Advanced Micro Devices

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/04/51661421/amd-gains-market-share-agentic-ai-fuels-surprise-surge)

---

Canonical: https://newsio.io/n/81844793-a7a7-4b6b-ad1a-87b4d4b964eb/advanced-micro-devices-shares-were-trading-higher-by-2-99-at-223-99-at-the-time
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works