Advanced Micro Devices

AMD

Market cap $842B

Even stocks in the beleaguered software industry have been on fire.

Few stocks have captured AI infrastructure enthusiasm like AMD (NASDAQ:AMD | AMD Price Prediction), which has rallied 118.3% year to date and 322.28% over the past year.

Palantir (NASDAQ:PLTR | PLTR Price Prediction) at $136.88 rates a hold, and AMD (NASDAQ:AMD) at $467.51 rates a hold, according to our analysis.

Wedbush's Dan Ives went on The Pomp Podcast with Anthony Pompliano and laid out a thesis that should reframe how you think about every AI position in your portfolio.

When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang, who ​drew crowds in the centre of the capital as he posed for photos and ate local delicacies like Beijing-style soybean paste noodles.

At $521.31, Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) looks like a stock where the bullish setup still has room to run.

This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email help@trefis.com.

Advanced Micro Devices, Inc.'s x86 server CPU revenue share hit a record 46.2% in Q1 2026, and management doubled its server CPU TAM estimate to more than $120 billion by 2030. OpenAI and Meta each signed up-to-6-gigawatt GPU deployment deals with warrant-linked equity stakes, giving both customers direct financial incentives to make AMD's hardware succeed at scale. I hold a low single-digit position. My conviction depends almost entirely on Helios rack systems entering a volume ramp before year-end.

One hundred thousand dollars dropped into Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL) on May 28, 2025 was worth around $1.28 million by the close on May 27, 2026.

Intel (NASDAQ:INTC | INTC Price Prediction) and AMD (NASDAQ:AMD) both reported