AMD: Serious AI-Driven Upside In 2026

Silicone Scrooge Insights720 FollowersFollow5ShareSavePlay(9min)CommentsSummaryAMD is emerging as a formidable competitor to NVIDIA in AI accelerators, driven by a robust product pipeline and strong data center momentum.AMD’s data center revenue surged 34% QoQ to $4.3B, with operating income up 793% YoY, reflecting rapid adoption of MI300 and anticipation for MI400 chips.The MI400 series, launching in 2026, targets hyperscalers and inference workloads, positioning AMD to capitalize on accelerated computing’s projected 42% CAGR through 2029.I rate AMD a buy despite its premium valuation, as the MI400 launch and inference-optimized strategy could drive significant operating income and close the gap with NVIDIA. Eoneren/E+ via Getty Images My Long Thesis For AMD (AMD) While NVIDIA (NVDA) has seen eye-popping gains in the last three years thanks to surging market interest in its Graphics Processing Units, AMD has stepped up its game inThis article was written bySilicone Scrooge Insights720 FollowersFollowI’m a retail investor based in Sydney with three years of experience focusing on achieving financial independence through strategic investments in AI-driven companies. Although I don’t come from a traditional finance background, I’ve developed a strong passion for understanding how artificial intelligence is transforming the global economy. Over the past few years, I’ve become increasingly fascinated by the possibilities of AI—how it’s reshaping industries, driving innovation, and creating new investment frontiers. My portfolio is primarily centered around leading AI-related companies such as NVIDIA and others at the forefront of this technological revolution. I believe we’re only in the early stages of AI’s impact, and the coming decade will present remarkable opportunities for both retail and institutional investors. My goal is to continue learning, sharing insights, and building long-term wealth by investing in the technologies shaping our future.Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.