Prediction: AMD Could Be Closing the Gap in the AI Chip Race

Quick Read AMD stock surged 127% YTD after Data Center revenue doubled to $6.7B, yet 24/7 Wall St. rates it HOLD at $481 on stretched valuation. Nvidia trades at a P/E of 44 despite $89B in Data Center revenue, making AMD's triple-digit multiple look dangerously extended by comparison. Lisa Su sees a $1.4 trillion AI accelerator market by 2030, with Helios delivering 30% more tokens per dollar than rivals. Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor) Our AMD (NASDAQ:AMD) call is one of the tougher ones we've made this quarter. The stock has done what few thought possible, doubling in months on the back of an AI accelerator story that is finally landing with hyperscalers.