Shares of Advanced Micro Devices (NASDAQ: AMD) have surged to an all-time high as the company continues to benefit from its role in the booming artificial intelligence (AI) sector. Amid this momentum, Wall Street’s updated outlook projects a modest drop over the next 12 months.At the close of the last market session, AMD was trading at $252.92, up more than 7% for the day, while year-to-date, the stock has gained roughly 110%.AMD YTD stock price chart. Source: FinboldThe rally follows several key developmen ...