According to a recent SEC filing, Advanced Micro Devices (AMD) CEO Lisa Su will receive $36 million in equity awards on August 15, 2026, as part of the company’s 2023 Equity Incentive Plan. Apart from Su, other key executives will also receive equity grants. Chief Technology Officer Mark Papermaster will receive $10 million, Chief Financial Officer and Treasurer Jean Hu will receive $9 million, , Chief Sales Officer, Data Center Solutions Forrest Norrod will receive $8 million, and President EMEA Darren Grasby will receive $7.5 million, and General Manager. Let’s discuss if AMD’s stock price will surge after the equity grants roll out.

Will AMD Stock Price Surge Following The Equity Grants?

AMD is experiencing one of its best years in history. The company’s GPU (Graphics Processing Unit) capabilities have hugely benefited from the ongoing AI boom. The company’s revenue beat expectations, increasing by 38% to $10.25 billion in its fiscal first quarter. AMD stock price has also risen by more than 150% year-to-date.

The equity grants aligns with AMD’s success in the last year. Wall Street analysts are increasingly raising the company’s stock price target for the coming months. Wells Fargo was the latest to increase AMD price target, raising it to $615 from $505. Cantor Fitzgerald paints an even more bullish picture, anticipating the asset to hit $700.

Also Read: Wells Fargo Raises AMD Stock Price Target On CPU Dominance

While AMD’s future seems bullish, the company’s stock has faced a correction today. AMD closed 6.89% (40.03 points) lower on July 1, 2026. The stock faced another 1.19% (6.46) correction in the pre-market hours. The dip is likely due to increased profit taking among investors. AMD is not an anomaly, most other tech stocks are also registering price dips. The volatility in the US semiconductor sector has crept into the Asian markets. South Korea’s KOSPI has faced a massive correction today, with tech giants SK Hynix and Samsung leading the charge.