$AMDB has been climbing steadily lately, surging straight to around 585
① Q3 results beat expectations, with revenue of 13.4 billion (+45%) and data center business nearly doubling (+97%).
② The outlook is even stronger: Q4 revenue is projected at 17 billion (+66%), with growth of over 80% expected again in 2027.
③ Major orders secured: Helios full systems landed major deals with OpenAI and Meta, while EPYC CPUs also became the host processors for Google's next-generation TPUs.
④ Analysts have raised their price targets across the board, and with some turbulence on Nvidia's side, funds are starting to shift toward AMD.
① Q3 results beat expectations, with revenue of 13.4 billion (+45%) and data center business nearly doubling (+97%).
② The outlook is even stronger: Q4 revenue is projected at 17 billion (+66%), with growth of over 80% expected again in 2027.
③ Major orders secured: Helios full systems landed major deals with OpenAI and Meta, while EPYC CPUs also became the host processors for Google's next-generation TPUs.
④ Analysts have raised their price targets across the board, and with some turbulence on Nvidia's side, funds are starting to shift toward AMD.
