AMD Surges 59% in April as No-Brainer AI Stock Before May 5 Earnings

Advanced Micro Devices Inc has rocketed ~59% in April into its May 5 Q1 earnings, with management guiding $9.8B revenue (analysts at $9.9B, $1.28 EPS up 33% YoY) amid client CPU prices up 15% and server CPUs up 20%. Story kicked off April 25 arguing fading 'Great Rotation' from tech, spotlighting AMD's AI inference lead via MI450 GPUs, ROCm software, and 6-gigawatt OpenAI/Meta deals. Momentum built via Nasdaq all-time high, $347.61 peak ($567B cap), and $700B hyperscaler capex, positioning AMD unstoppable amid tightening supply.