Intel Just Gifted AMD Its Strongest Buy Signal Yet

The author argues Intel’s Q1 results and commentary confirm robust demand for x86 data-center CPUs, which should materially benefit AMD’s EPYC server processors. AMD is said to hold a 41.3% share of the DC CPU market and is on track for a 50% share target; market expectations already foresee about 50% DC growth, while the author expects AMD’s DC revenue growth could reach ~73% this year. The piece contends consensus estimates likely understate AMD’s DC revenue, implying potential upward revisions and valuation multiple expansion. The author remains strongly bullish on AMD and views any post-earnings pullback (AMD reports Q1 on May 5) as a buying opportunity. Overall, the article is bullish for AMD stock and sees Intel’s results as a catalyst lifting AMD’s near-term growth outlook and market sentiment.