On July 31, Advanced Micro Devices rose 5.36% in regular trading, trading at $508.0/share, with turnover of $16.27 billion.

On the news front, Microsoft reported after-hours earnings that significantly exceeded expectations, while Samsung and Lam Research also delivered strong results, collectively reigniting AI chip trading enthusiasm. Earlier in the session, AMD had already surged over 12% following ARM's better-than-expected earnings and Susquehanna raising AMD's target price from $450 to $500, maintaining a positive rating. According to FactSet, AMD's current mean analyst target price stands at $573.38.

Within the Semiconductors sector, the broader group rallied in sympathy. Among individual stocks, Intel up 5.89%, SK hynix up 4.32%, Micron Technology up 4.21%, Taiwan Semiconductor Manufacturing up 2.0%, NVIDIA up 1.85%. The company is scheduled to report earnings on August 4 after market close, with consensus revenue expectations of $112.78 billion, representing approximately 52% year-over-year growth.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)