Veytics Intelligence
2026-11-13 · Yahoo

AMD Stock Looks Poised to Revisit Its All-Time Highs

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Advanced Micro Devices' (AMD) stock looks poised to revisit its all-time highs. The market has already bought into its growth story. Now, the next opportunity may lie in how much of that growth turns into profits. After a triple-digit gain in 2026, the stock has pulled back from its October record highs, but the fundamentals help explain much of that rally. In its third-quarter earnings report, released on November 3, the Santa Clara, California-based chipmaker reported that its Data Center revenue nearly doubled, along with a great improvement in margins. The most interesting part may still be ahead. With much greater visibility into 2027, I believe the market still underestimates the company's earnings growth potential.

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