- AMD shares reached $616.69 after a 25% weekly surge, lifting the company into the trillion-dollar market-cap club alongside Nvidia.
- AMD's Q2 FY26 data center revenue doubled to $6.72 billion, total revenue was $11.54 billion, and Q3 guidance is approximately $13 billion.
- CEO Lisa Su projects AMD's Data Center segment will more than double in 2027, anchored by Anthropic's deployment of two gigawatts of MI450 GPUs.
- 24/7 Wall St. rates AMD a HOLD with a $521.81 price target, citing a 36x forward earnings multiple versus Nvidia's 25x and risks including Helios yield issues, HBM shortages, China export restrictions, and a 31% Q2 gaming revenue decline.
Quotes
“AMD recently joined the trillion-dollar club, with its shares reaching $616.69 .”
“Lisa Su projects the Data Center segment to more than double in 2027”
“24/7 Wall St. to issue a HOLD recommendation with a price target of $521.81”