AMD rides AI data-center demand to longest rally in nearly a year
TL;DR
Advanced Micro Devices extended its rally to seven straight sessions as investors grow upbeat about demand for its AI-focused server CPUs, buoyed by expectations of a Q4 revenue beat and higher guidance driven by Turin data-center CPUs. Analysts project strong server-CPU momentum, with potential 10%–15% upsell pricing and at least 50%/server growth this year, supported by hyperscalers locking in capacity. Bernstein also lifted estimates on server momentum, while OpenAI’s Helios collaboration reinforces the AI narrative, though GPU competition with Nvidia remains a consideration.
Topics:businessmarkets#ai-data-centers#amd#artificial-intelligence#markets#semiconductors#server-cpus
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