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AMD Surges on Bullish AI Outlook and Projected Data Center Revenue Doubling

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The Story

News Summary

  • AMD forecasts its data center revenue will double next year, driven by accelerating AI inferencing and agentic demand.
  • The company highlighted an expanding total addressable market reaching $2 trillion by 2030, alongside improving gross margins and operating leverage supported by supply chain investments.
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AMD price history

516.13 +140.00% over the displayed period

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