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AMD stock holds steady despite 156% rally; key Data Center growth metric keeps rating at hold.

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29 Oct 2026, 16:33 WIB
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AMD stock holds steady despite 156% rally; key Data Center growth metric keeps rating at hold.

AMD shares have surged over 150% this year, driven by major GPU deals with OpenAI and Anthropic, but the stock trades slightly above its fair value, leading to a hold rating. The critical factor is Data Center revenue, which reached $6.72 billion last quarter and is expected to more than double in 2027. While bullish forecasts see AMD reaching $688 with strong server revenue growth and EPS beats, valuation concerns and supply challenges keep caution in place. The rating could improve if upcoming Data Center results confirm faster Helios GPU shipments.

AMD stock's Data Center revenue hit $6.72 billion last quarter, a key figure amid expectations to more than double by 2027. For readers following Technology-sector US stocks on Pluang, here is the market snapshot as of Oct 29, 2026 20:41 WIB: out of 150 stocks, 19 rose and 129 fell. Notable movers include AXTI at USD 59.94 with a 1-day change of -6.90% and Pluang order activity of 57% Sell / 43% Buy, NBIS at USD 169.89 down 6.83% with 33% Sell / 67% Buy, and MNDY at USD 91.22 down 6.75% with a typical hold time of 17 days.

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