AMD stock surges 115% year to date, outpacing Palantir, Nvidia, and Alphabet, as data center demand accelerates.

Yahoo Finance AI · May 13, 2026

AI Summary

•AMD reported first-quarter revenue up 38% year over year to $10.3 billion, with data center segment revenue up 57% to a record $5.8 billion. The company now sees server CPU revenue growing 70% year over year in Q2.
•CEO Lisa Su doubled the company's prior forecast for CPU market growth from an annualized rate of 18% to more than 35% through 2030. AMD is preparing to ship custom MI450 GPUs for Meta Platforms and OpenAI in 2026, and EPYC Venice CPUs integrated with Helios rack systems are on track to launch in the second half of 2026.
•AMD trades at a PEG (price-to-earnings growth) ratio of 0.69, which is below 1.0 and generally considered cheap for a growth stock, despite a trailing-12-month revenue of $37 billion and its CPU addressable market projected to reach at least $120 billion by 2030.

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