"AMD's Strategic Moves: AI-Powered PCs, Datacenter Growth, and Future Stock Projections"

Advanced Micro Devices' (AMD) stock has surged 123% in the last 12 months, driven by future expectations rather than current results. The company's fourth-quarter earnings were mixed, with strong data center segment growth but declines in other segments and disappointing future guidance. AMD's bullish thesis relies on capturing a share of the projected $400 billion AI chip market by 2027. However, with a higher valuation than Nvidia, cautious investors may want to wait for more quarters of data before investing.