Advanced Micro Devices' product roadmap in the AI chip market could drive significant growth. CleanSpark, a leading Bitcoin miner, is well-positioned to capitalize on the increasing power demands of data centers.
Advanced Micro (AMD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
AMD's Great Overtaking - Buy While It's Cheap
I'm reiterating my Advanced Micro Devices, Inc.'s buy rating, driven by the firm's AI chip momentum, robust financial performance, and reasonable valuation. AMD's new chips prioritize high-bandwidth memory over raw compute, expanding their appeal for inference workloads versus Nvidia's faster chips. Recent earnings highlight accelerating revenue and profitability, and I expect data center segment growth could surpass 30% in 2026.
Despite an 11% rise in a week bringing Advanced Micro Devices (AMD) to $228, our multi-faceted analysis suggests it may be prudent to reduce exposure. While the stock has momentum, several fundamental headwinds suggest a potential correction toward a $162 price point is a realistic possibility.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Although the world's top two semiconductor giants, Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), share many similarities, they have recently diverged in both their stock market performance in the previous 12 months and their Wall Street price targets for the next 12 months.
AMD just used the CES keynote to make a simple point: it's no longer a parts vendor, it's a platform company for AI at rack scale, client, and edge, and it now has credible customer pull to match. Nvidia still leads in frontier training and end-to-end software, but AMD is closing the system integration gap and leaning into openness. AMD's still trading a box between 200–205 and 228–230. We're camped in the upper half (~223–224), which is where breakouts are born or fail.
I reiterate a buy rating on Advanced Micro Devices, driven by a transformative multi-year, 6 GW partnership with OpenAI anchoring its AI roadmap. AMD's narrative is shifting from individual chips to full-stack, rack-scale AI systems, addressing hyperscaler power, networking, and software bottlenecks. Data center growth is compounding, with revenue scaling from $2Bn to over $16Bn and a projected $34Bn total in 2024, supporting a multi-decade investment cycle.
The best AI stocks (Vertiv and AMD) that investors should consider buying right now after Taiwan Semi raised its outlook on bullish AI growth in 2026.
Amid supply-chain woes, Computer - Integrated Systems players like MU, AMD, IBM and STX benefit from the demand for integrated solutions and multi-cloud model adoption.
1. Wells Fargo crowns AMD the new chip king. The bank upgraded semiconductor stocks this morning with AMD as its top pick—a bold call considering Nvidia's dominance.