From Nasdaq: 2025-05-11 05:14:00

Advanced Micro Devices (NASDAQ: AMD) has seen significant success under CEO Lisa Su, transforming into a leading chip designer. Despite a recent stock decline, AMD’s first-quarter revenue grew 36%, fuelled by strong data center and client segments. Second-quarter guidance also looks promising, positioning AMD well against competitors like Nvidia.

AMD’s acquisition of ZT Systems and strong partnerships with companies like Oracle and Amazon indicate future growth potential. With a focus on AI and data center segments, AMD is poised to continue grabbing market share from Intel. At an affordable valuation and upcoming product launches, AMD stock could potentially double in the next two years.



Read more at Nasdaq: Prediction: AMD Could Surge by 111% in the Next 2 Years