Advanced Micro Devices Inc. (AMD) — closed signal from July 12, 2025
Target reached Published before the outcome was known, scored automatically when the window closed on October 10, 2025.
Predicted vs. what happened
What happened
Reached its target in 17 days.
The thesis — published July 12, 2025
HSBC recently said the shares could hit $200 because AMD's new MI350 chips for artificial intelligence, AI-ready Ryzen computers, and products gained from the Xilinx deal could all lift next year's profits. Many investors want choices beyond the current AI leader, so interest in AMD is high. Even after strong demand, the price has cooled back to its recent average. If it dips to about $142-145, fresh earnings news could push it toward $185 by showing extra AI revenue.
Primary drivers
- New MI350 AI chip opens a $40B customer pool and should bring in richer profits.
- HSBC raised its goal to $200 on July 11, praising strong pricing for AMDs AI chips.
- An 80 percent jump in trading shows big investors quietly adding shares.
- Stock is 25 percent cheaper than Nvidia despite similar profit growth, leaving room to rise.
How it played out
AMD: target reached in 17 days
Lyra published AMD at $146.42 with expected growth of 22% toward $178.63. The thesis pointed to MI350 chips for artificial intelligence, Ryzen computers, Xilinx-related products, HSBC's $200 view, an 80 percent jump in trading, and a 25 percent valuation discount to Nvidia.
Inside the window, AMD reached the target in 17 days. The stock later peaked at $240.10 on 2025-10-09, with a 64% peak gain. It ended the window at $214.90. The published thesis played out and then went beyond the target.
What happened during the window
On August 5, 2025, AMD reported second-quarter revenue of $7.7 billion and said demand was broad across its computing and artificial intelligence product portfolio. On October 6, 2025, AMD and OpenAI announced a strategic partnership to deploy 6 gigawatts of AMD GPUs.
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