Quick Read – AMD’s Data Center revenue surged 107% to $6.72 billion in Q2, yet shares remain below Wall Street’s $579 consensus price target. – Wall Street shows 41 buys and zero sells on AMD, but the author’s base-case model projects $639, which is double the Street’s implied…
% gain. – SpaceX’s switch to Nvidia knocked AMD 8%, but $13 billion Q3 guidance and Helios partnerships with Meta and OpenAI support the bull case. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AMD didn’t make the cut. Grab the names FREE today
Lisa Su just delivered AMD (NASDAQ:AMD) shareholders a quarter that would have seemed fantastical a year ago. Q2 2026 revenue of $11.54 billion, up 50.11% year over year, with Data Center revenue of $6.72 billion, more than doubling at +107%. Shares are up 142.15% year to date and 193.35% over the past year.
Yet at $518.58, the stock still trades below where the AI infrastructure buildout says it should. Can AMD reach $750 in 2027? I think there is a path.