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…
S 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. – Lisa Su is running one of the cleanest AI infrastructure stories on the market right now. Advanced Micro Devices (NASDAQ:AMD) just delivered a quarter where Data Center revenue hit $5.78 billion, up 57% year over year, free cash flow surged 253%, and Q2 guidance points to $11.2 billion in revenue
Shares are up 117.77% year to date. Can AMD shares hit $650 in 2027? What’s Holding AMD Back Right Now AMD is down 9.63% in the past week, with a 10.86% drop on June 5 alone taking the stock from $523.20 to $466.38.
After a one-year return of 303.13%, profit-taking was overdue. The bigger overhang is geopolitical. U.S. export controls on Instinct MI308 GPUs bound for China generated roughly $440 million in net charges in FY2025, and that risk persists.