Lambert Pitman
07-01

$Advanced Micro Devices(AMD)$ The stock is pushing into new all-time highs today, with momentum and analyst sentiment lining up.

The direction isn't surprising, but the strength is still worth noting.

What's happening:

Price hitting fresh all-time highs

Analysts continuing to raise price targets

Some projections now stretching into the $700+ range

Why I think people are paying attention:

When you get new highs and rising targets at the same time, it usually means the market is still actively repricing the longer-term AI earnings story, rather than just reacting to short-term moves.

This feels less like a one-day headline and more like an ongoing re-rating.

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