AMD Hits $304.40, Poised for Nasdaq Top Spot on 60% EPS Growth
Motley Fool predicts Advanced Micro Devices (AMD) will be the Nasdaq's best performer by year-end, driven by MI450 AI GPUs, rack-scale servers, and partnerships with Meta and OpenAI. The stock has surged ~45% in April amid 32% data-center revenue growth to $16.6B in 2025 and targets of 60% annual growth over 3-5 years. This follows TSMC's Q1 blockbuster ($35.9B revenue, +39% YoY, 61% HPC sales), highlighting the AI chip boom that benefits AMD's roadmap and supports ~60% EPS rise to $6.70 in 2026 versus S&P 500's 18%. AMD's $495B market cap underscores its momentum in AI infrastructure.