From Nasdaq: 2025-05-10 07:21:00

Advanced Micro Devices (NASDAQ: AMD) reported strong first-quarter results, with data center segment revenue soaring 57% to $3.7 billion. The company leads in data center CPUs and GPUs, with several cloud computing providers adopting its latest EPYC chips. Despite $700 million revenue loss from export restrictions in China, AMD projects 27% revenue growth in Q2.

AMD is positioned for growth in the data center space, especially in AI inference chips. With a forward P/E ratio of 26.5 times 2025 estimates, the stock is attractively valued for potential upside. The company’s strong momentum in key markets suggests now could be a good time to consider investing in AMD.



Read more at Nasdaq: AMD: Is It Time to Buy the Stock Before Its AI Growth Explodes?