AMD Up 155% YTD on Record Revenue, AI Demand
AMD, a leading semiconductor company, has seen its stock soar 155% year-to-date, driven by record revenue and strong demand for its AI-related products. The company's second-quarter fiscal 2026 report revealed record revenue of $11.5 billion, a 50% year-over-year gain, and $6.7 billion in data center revenue, more than double previous figures.
Per-share earnings reached $1.66, an 82% increase. Looking ahead, AMD expects up to $13.3 billion in third-quarter revenue. Big Money investors are heavily backing the stock, with institutional volumes signaling significant interest. MoneyFlows data indicates unusual buying activity, reinforcing the company's strong fundamentals and potential for further growth.
AMD has a history of solid financial performance, consistently ranking as a top pick for MoneyFlows software. With institutional support and a promising outlook, AMD could be a valuable addition to a diversified investment portfolio.
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