AMD Shares Surge 11% to $436 Post-Earnings Beat, Analysts Target $500+

AMD stock rocketed 11% to around $436 on May 8 after Q1 earnings crushed estimates with $10.25B revenue and $1.37 adjusted EPS, prompting analysts to hike targets to $500-$505 amid CEO Lisa Su's outlook for 35% annual server CPU growth. Pre-earnings, shares hit a 52-week high of $362.79 on AI hype, up 70% YTD and 92% from March lows, though dipped to $341 on overbought signals, ARK's $74M sales, and high forward P/E ~50x. Options priced a 9% swing, with consensus eyeing $9.9B revenue and data-center growth to $5.6B (+53% YoY), fueling post-beat chip sector gains.