AMD, Intel Rise on Upgrade, Pelosi Trade; NVDA Ticks Up

**Implied Volatility / Movement:** Advanced Micro Devices (NASDAQ:AMD) and Intel (NASDAQ:INTC) shares rose 3% on Tuesday, outpacing the broader semiconductor sector. The iShares Semiconductor ETF (NASDAQ:SOXX) gained 2%, and the Invesco QQQ Trust (NASDAQ:QQQ) was up 0.78%.

$AMD+WL climbed to $469.89, driven by a Raymond James upgrade to Strong Buy with a $641 price target, projecting significant growth in the AI server CPU market. Intel reached $90.13, boosted by a disclosure of a trade by Paul Pelosi.

NVIDIA (NASDAQ:NVDA) shares saw a 1% increase to $211.14, with investors anticipating its upcoming earnings report. Broadcom (NASDAQ:AVGO) also ticked up 1%.

### Story Arc / How We Got Here $AMD+WL and Intel are extending multi-month gains, with $AMD+WL up 113% and Intel up 136% year-to-date through Monday's close. This performance contrasts with NVIDIA's 12% year-to-date advance and Broadcom's 4%. While NVIDIA and Broadcom are considered established AI plays, $AMD+WL and Intel are benefiting from turnaround narratives and specific growth catalysts. For prior coverage, see [/explore/spacex-stock-recovers-amidst-tesla-nvidia-filings].

### Money Play For investors assessing the semiconductor landscape, $AMD+WL's 113% year-to-date rally, fueled by an AI server CPU growth forecast, presents a compelling turnaround narrative. Watch for how its upcoming earnings and the broader AI ecosystem development impact its trajectory against established players like NVIDIA.