You’re Going to Want to Buy Now)
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AMD’s data center division has lagged behind Nvidia’s since the AI arms race began.
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Management believes the company can grow its data center division at a 60% CAGR over the next five years.
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It may become a trillion-dollar company by 2030 as a result.
Advanced Micro Devices (NASDAQ: AMD) has been a successful investment since the artificial intelligence (AI) arms race began in 2023, with its stock rising from about $60 to around $250 today. That’s about a 213% rise, which is an impressive return in three years. But several companies have delivered far better returns over that time, including AMD’s chief rival, Nvidia.
However, the tables may have turned, as AMD…
