AMD Stock: My $300 Target Is Close - Here's What Comes Next

Advanced Micro Devices (AMD.OQ) has jumped roughly 40% over the past month as AI spending, reported CPU shortages (pushing chip prices higher), and strong data-center demand boost the company’s outlook. The author remains bullish, arguing AMD still has room to climb toward a $300 target and expects continued strength into 2H2026. Rising AMD momentum is being driven by AI-driven server purchases and tighter supply, supporting near-term revenue and pricing power. The piece is forward-looking and supportive of further upside rather than a call to take profits now.