AMD Helios lands $1.2B order: Can the stock reach new highs?

Traders Union
All News
Stocks
AMD gains fresh momentum from AI demand

All news

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

Mykhailo Ihnatenko

01.10.2026

AMD Helios lands $1.2B order: Can the stock reach new highs? — AMD holds support near record highs

AMD keeps intact an essential technical formation close to its record highs while the situation in the bond markets has definitely worsened. As long as buyers hold the support levels, the market remains undecided about whether the existing momentum will lead to new highs.

AMD price prediction

24H -1.91%

$496.73

48H -3.04%

$491.02

7D -2.98%

$491.32

1M -20.6%

$402.08

3M -31.68%

$345.98

6M -35.72%

$325.52

12M 64.73%

$834.18

Detailed

Current price: $506.39 -60.0300 10.60%

Closed 10/30

Daily range 492.49

519.58

Weekly range 492.49

578.75

The Hewlett Packard Enterprise made the first announcement regarding its orders for the AMD Helios AI Rack. Cloud service company Vultr placed orders worth $1.2 billion for deploying in the United States data centers. The AMD Helios is a combination of the AMD’s own Instinct accelerators, EPYC processors, Pensando networking solutions, and ROCm software solution. It can be used for both AI model training and inference. For AMD, the deal marks the first large commercial order for its new rack-scale platform and provides fresh evidence of demand for AI infrastructure alternatives to Nvidia.

AMD also introduced Ross, a new agentic AI assistant for embedded-system development. The tool spans software, silicon and board design, allowing engineers to interact with AMD development tools through natural-language prompts. The company expects Ross to help accelerate the design, debugging and deployment of embedded solutions.

Holding $600 keeps AMD’s bullish structure intact

AMD’s technical structure has changed very little since the previous analysis, with the key boundaries of the $600–639 range still holding.

As noted earlier, opening short positions while the stock is trading close to its all-time high remains particularly risky. A cleaner bearish setup would therefore emerge only if AMD breaks decisively below $600. In that case, the $585–575 liquidity zone would become the next downside target.

For now, however, the stock continues to hold $600 convincingly, pointing to persistent short-term strength. If AMD breaks above the short-term ascending trendline near $620 today and establishes a firm hold above it, the all-time high around $639 would return as the next target, with scope for the move to extend toward $650.

Jobs data may not be enough to cool bond yields

For AMD, the corporate backdrop is only part of the picture. Just as important is how markets continue to reassess the future path of interest rates. The 30-year U.S. Treasury yield climbed to around 5.68% on October 1, its highest level since 2002.

The next major test will be the September Employment Situation report, due from the BLS on October 2. Under the traditional Phillips curve framework, weaker employment and slower wage growth would normally ease inflation pressure and potentially encourage markets to price in a less restrictive Federal Reserve stance.

The signal is less clear-cut in the current macro environment. A meaningful share of inflation risk is coming through energy prices and long-term market rates rather than solely from an overheated labor market. As a result, even soft employment data would not necessarily trigger an immediate decline in bond yields.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.