AMD ticks up as Susquehanna ups price target ahead of Q1 results

Susquehanna raised its price target on Advanced Micro Devices (AMD.OQ) to $375 from $300 ahead of AMD’s Q1 results due May 5, sparking a roughly 1.6% premarket uptick in the shares. The upgrade signals increased analyst optimism ahead of the earnings release and likely supported short-term bullish sentiment in the stock. AMD’s market profile shown in the note: market cap ~$526.9B and forward P/E ~48, with recent revenue growth above 34% year-over-year. Related semiconductor peers (Micron, Intel, Texas Instruments, Arm) were listed alongside AMD in the piece but the focus remains on the Susquehanna target raise and the impending quarterly report, which could drive intraday volatility on May 5.