AMD's stock has nearly doubled year-to-date, driven by a strong Q1 earnings report showing 38% revenue growth and a 57% surge in its Data Center segment. The company is well positioned to benefit from the shift in AI hardware demand, with the GPU-to-CPU ratio moving toward parity and AMD's EPYC CPUs expected to capture significant market share. CEO Lisa Su raised the server CPU market growth outlook to over 35% annually, targeting a $120 billion market by 2030, with AMD's server CPU revenue projected to grow over 70%. Despite a high valuation of 80x blended P/E, strong EPS growth of 75% or more in 2026-27 could deliver solid annual returns without needing multiple expansion.
BNP Paribas raised AMD's price target from $460 to $600, not due to expected near-term earnings growth but because investors are valuing AMD higher for its long-term potential in AI infrastructure. The firm notes that the next major AI spending wave,...
AMD has appointed Alan Smith as a Corporate Fellow, recognizing his key role in advancing GPU architecture and AI computing technologies. This title is the highest technical honor at AMD, awarded to top innovators who significantly impact the company...
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
