Be Cautious With AMD at $420 and Consider Your Options
Key takeaways
- Q2 guidance projects $11.2B in revenue with server CPU revenue expected to grow more than 70% year-over-year, while CEO Lisa Su raised the server CPU TAM forecast to over $120B by 2030 driven by agentic AI workloads.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn t one of them.
- Advanced Micro Devices (NASDAQ:AMD) at $420.99 screens as a compelling research setup.
Be Cautious With AMD at $420 and Consider Your Options Alex Sirois Tue, May 19, 2026 at 10:40 PM GMT+7 4 min read AMD NVDA SPY META Quick Read AMD (AMD) reported Q1 2026 revenue of $10.25B, up 37.85% year-over-year, with Data Center revenue hitting $5.78B at 57% growth and free cash flow tripling to $2.57B. Q2 guidance projects $11.2B in revenue with server CPU revenue expected to grow more than 70% year-over-year, while CEO Lisa Su raised the server CPU TAM forecast to over $120B by 2030 driven by agentic AI workloads.
AMD is gaining share in the AI infrastructure buildout as hyperscalers commit to multi-year GPU and CPU deployments, with Meta’s 6-gigawatt MI450 deployment and OpenAI’s AI infrastructure ramp providing unusually visible order book visibility.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn t one of them. Get them here FREE.