Key Points
Advanced Micro Devices (NASDAQ: AMD) has seen significant stock growth in 2026, nearly doubling since April. The company reported a robust Q1, with its data center division achieving 57% revenue growth, reaching $5.78 billion. Its Client & Gaming division increased by 23% to $3.6 billion, and Embedded sales rose 6% to $873 million.
Currently trading at 139 times earnings and 58 times forward earnings, AMD’s valuation indicates that earnings could skyrocket this year, despite remaining expensive relative to competitors like Nvidia, which trades at 27 times forward earnings. The long-term projections for AMD’s data center division suggest a compounded annual growth rate (CAGR) of 60%, compared to 10% for its other divisions over the next five years.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
