AMD Crushes Nvidia, Palantir, Alphabet with 115% YTD Surge

AMD stock has surged 115% year-to-date, outperforming Nvidia, Palantir, and Alphabet amid strong Q1 results ($10.3B revenue +38% YoY, data-center $5.8B +57%) and raised CPU market growth outlook to 35% annualized through 2030. The story began May 7 with concerns over AMD's $7-8B Instinct GPU revenue trailing Nvidia's $194B FY2026 datacenter haul and performance gaps. AMD rebounded via Q1 inflection, Q2 guidance hike to $11.2B, $120B server CPU TAM by 2030, and catalysts like MI450 GPUs, though Nvidia's $68.1B quarterly revenue and 63% margins maintain long-term edge.