Should You Buy Advanced Micro Devices (AMD) Stock After Its 12-Month Return of 200%?
AMD's data center revenue is soaring on strong demand from the artificial intelligence industry.
Overview
Advanced Micro Devices (NASDAQ: AMD) is one of the world's leading suppliers of graphics processing units (GPUs) for data centers, which are the primary chips used in artificial intelligence (AI) training and inference workloads. In fact, it has become one of the most formidable competitors to the industry leader, Nvidia.
On Aug. 4, AMD released its operating results for the 2026 second quarter, and they revealed substantial revenue and earnings growth led by its data center business. But considering its stock is up 200% during the past 12 months, is most of that growth already priced in? The answer might depend on how long an investor plans to hold the stock, and I'll explain why.
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Originally published at www.fool.com.