AMD Stock Scores Price-Target Hikes On AI Computer News

AMD Stock Rises After The Bell: Here's Why - Advanced Micro Devices (NASDAQ:AMD)

Intel reported 25% YoY revenue growth with Data Center/AI segment jumping 59% to $6.3B, raising capex to $18-20B. As AMD's x86 server CPU duopoly partner, the demand signal implies multi-year capex cycles and pricing power in AI infrastructure.