AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth (NASDAQ:AMD)
AMD reported a 50% revenue increase driven by strong data center sales and AI demand. The article suggests that despite recent market volatility, semiconductor stocks remain a strong investment opportunity.
Why it matters
The semiconductor sector is a critical barometer for the health of the broader AI-driven tech economy.
Stock Ideas Quick Picks & Lists AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth +100% Aug 05, 2026, 2:12 PM ET MU , SNDK , AMD 30 Comments 3 Likes Steven Cress, Quant Team SA Quant Strategist Follow Summary Early Mag 7 results have reinforced the AI bull case, signaling stronger demand, rising capex, and improving economics around AI spend. SpaceX's reported AI revenue is up 247% Y/Y, and management noted AI demand is far outpacing memory supply, a favorable dynamic for key semiconductor names. AMD is the latest major AI name to report. Revenue rose 50%, driven by a 107% jump in data center sales, while Q3 revenue guidance also topped consensus. The recent chip selloff, paired with strong AI narratives from major tech names, creates a dip-buying opportunity in semiconductors with strong fundamentals.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in