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AMD's AI GPU and server CPU sales surge, projecting $50B revenue by 2027 and $1,200 stock price by 2029

Analyst Insights
12 Oct 2026
Seeking Alpha
View Source
Bullish
AMD's AI GPU and server CPU sales surge, projecting $50B revenue by 2027 and $1,200 stock price by 2029

Advanced Micro Devices (AMD) is rapidly expanding in both AI GPU and premium server CPU markets, now leading in high-end server CPUs. Forecasts suggest AMD's CPU server sales could surpass $50 billion by 2027, with rising revenue and earnings per share (EPS) estimates. Key AI data center deals with OpenAI, Meta, and Anthropic are driving AI revenue growth, supporting a path to $30+ EPS by 2028. With expected gross margin expansion to 60%, AMD could reach $40+ EPS and a $1,200 stock price by 2029, making its shares attractive at current prices.

AMD shares are trading at USD 588.73 on Pluang as of Oct 13, 2026 07:11 WIB, down 3.19% in the last day. The stock remains well below its 52-week high of USD 649.42 but far above its 52-week low of USD 190.95. Investor activity on Pluang shows a strong buying interest with 68% of orders being buys, indicating confidence despite recent price declines.

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