Quick Read

• AMD posted 57% Data Center revenue growth and a 253% free cash flow surge, fueling a bull case that puts AMD shares at $650 by 2027.

• Wall Street’s $482 average target understates AMD’s momentum; reaching $650 demands sustained 50%+ Data Center growth and upward EPS revisions to support a 95x multiple.

• China export controls already cost AMD $440 million in FY2025 charges and remain the single biggest threat to the $650 bull case.

• It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Lisa Su is running one of the cleanest AI infrastructure stories on the market right now. Advanced…