AMD Stock Rallies After $5 Billion AI Expansion Fund
Advanced Micro Devices, Inc (AMD) stock price is surging today after the company announced a $5 billion funding plan for AI expansion. The company announced that the funds will be raised via debt offering. AMD stock price closed 0.02% (0.08 points) higher on August 13, 2026, a substantially minimal rally. The stock saw a further 0.43% (2.09 points) gain in the pre-market hours. Let’s discuss if AMD can sustain its upswing.
Can AMD Stock Continue Its Price Rally?
AMD’s latest price surge also comes after US inflation numbers cooled for another consecutive month. CPI (Consumer Price Index) figures came in at 3.4% for July 2026. Cooler inflation data may have boosted investor sentiment. The rally also comes amid an Asian stock market rally, particularly for the tech industry.
AMD recently delivered a stellar quarterly earnings report. Revenue and earnings came in higher than what many expected. Despite record revenue, the stock experienced a correction soon after the report was
