Advanced Micro Devices Inc (NASDAQ:AMD) started off the trading week with a downgrade from HSBC to "hold" from "buy," with the analyst in coverage citing valuation concerns amid the company's current production limits.
Advanced Micro (AMD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
AMD stock price has gone vertical this year and moved to a record high as the AI boom gained steam. It has soared in the five consecutive weeks, bringing its total market capitalization to over $587 billion.
Stock futures are slightly lower Monday while oil prices rise following reports that a U.S. ship was struck by missiles in the Strait of Hormuz; President Trump said over the weekend the U.S. would help "guide" ships through the strait, though Iran threatened to retaliate if that happened; Palantir's earnings are due after the closing bell; Earnings from a number of consumer goods and services companies are also coming this week, along with the April jobs report; and GameStop has offered nearly $56 billion to buy eBay. Here's what you need to know today.
Advanced Micro Devices (NASDAQ: AMD) stock has received a mixed update from a Wall Street analyst, citing concerns over valuation and limited upside potential.
Riot Platforms is transitioning from a Bitcoin miner to an institutional-scale data center operator, validated by AMD doubling its contracted capacity. RIOT's 2 GW Texas power portfolio and 756 MW Corsicana campus offer significant, hard-to-replicate infrastructure and future leasing optionality. Data center lease margins are robust, with early-stage gross margins near 91% and projected NOI of $204 million annually at full AMD expansion.
After a significant rally, I see more attractive alternatives emerging, such as Mag 7 or other AI plays. I expect potential consolidation following the recent run-up, introducing some risk for new entrants. While likely to outperform the benchmark, current valuations appear stretched and warrant caution.
Advanced Micro Devices is slated to post earnings after the closing bell Tuesday, with the chipmaker's stock seen potentially climbing to new highs following the results.
While Intel's Xeon comeback validates the server CPU tailwind beneficial to EPYC, it also signals intensifying x86 competition against Advanced Micro Devices, Inc., as Intel regains relevance in AI infrastructure. However, AMD's Instinct MI400 Series and Helios ramp in H2 '26 could mark a structural inflection for the company, from an EPYC-led share gainer to a leading AI infrastructure compounder. AMD's upcoming earnings will be a key test of Instinct MI400 Series, Helios, and EPYC Venice ramp visibility, as well as whether the company has secured sufficient supply to sustain share.
For most of the AI boom, Nvidia (NVDA) has been the only name that mattered in data center hardware. That dynamic is shifting.
Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worthwhile to examine what the stock has in store.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) and AMD (NASDAQ:AMD) closed the books on blockbuster quarters.