Advanced Micro Devices (AMD) Up More Than 60% in 6 Months, Here’s What You Need to Know

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is 1 of the High-Flying Tech Stocks to Buy. Advanced Micro Devices, Inc. (NASDAQ:AMD) has gained much than 60% implicit the past 6 months. Recently, connected January 23, Aletheia released a probe enactment highlighting that the company’s server CPU concern maturation forecasts mightiness beryllium excessively conservative. Earlier, connected January 21, Stacy Rasgon from Bernstein reiterated a Hold standing connected the banal and raised the terms people from $200 to $225.

​On January 5, Aletheia released its blimpish baseline server CPU concern forecast. The steadfast noted that they expect AMD’s fiscal 2026 gross to scope $14.5 billion, reflecting 42% year-over-year growth. However, precocious the steadfast released different probe enactment questioning whether the forecasts mightiness beryllium excessively conservative. This is owed to feedback from unreality work providers, which suggests adjacent stronger marketplace conditions for 2026.

​Similarly, Bernstein’s expert Rasgon noted that the updated terms people is portion of the firm’s updated outlook connected the stock. The steadfast expects Advanced Micro Devices, Inc.’s (NASDAQ:AMD) Q4 2025 gross to beryllium astir $9.7 billion, up from the erstwhile expectations of $9.6 billion. Moreover, the EPS is besides expected astatine $1.31, up from the erstwhile forecast of $1.30.

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is simply a planetary semiconductor institution that manufactures GPUs, microprocessors, and high-performance computing solutions and serves a fig of high-growth industries similar gaming, information centers, and AI.

While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.