"Advanced Micro Devices posted revenue of $10.25 billion, up 38% YoY, with non-GAAP EPS of $1.37. The Data Center segment hit $5.78 billion, up 57% YoY, becoming the primary growth engine."
"Stifel and Jefferies both flagged management's doubled total addressable market forecast to over $120 billion by 2030, implying 35% annual growth on agentic AI tailwinds."
"Bernstein's upgrade sees over $14 EPS in 2027 and approaching $20 in 2028 if the AI boom continues. Bank of America highlighted AMD's 6% share inside a $1.5 trillion 2030 market."
Advanced Micro Devices experienced a significant stock surge after a strong Q1 FY2026 report, with price targets raised by multiple firms. The focus is on server CPU growth, with a forecasted total addressable market exceeding $120 billion by 2030. AMD's revenue reached $10.25 billion, a 38% increase year-over-year, with the Data Center segment growing 57%. Analysts predict continued growth driven by AI workloads, with a bull-bear price target spread indicating uncertainty in future performance.
Read at 24/7 Wall St.
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