AMD 数据中心业务快速增长、在 AI 基础设施中的角色不断扩大，支撑看多逻辑，股价有望涨至 1000 美元以上。

This leads me to AMD, Advanced Micro Devices. AMD has a unique position where it dominates the central processing unit (CPU) market, but the advantage here is not in outperforming Nvidia, but in narrowing the gap with it.

Doing so could lead to huge gains for investors.

If you recall, at the beginning of this month I posted a video titled "I'm investing $40,000 in this single stock." Well, that one stock was AMD. In that video, I shared with you an options trade I was entering, which was selling a put option for October 16 at a price of $370, which generated $350 for me per contract.

Today, you can repurchase that option for $60, which means that if you had decided to follow me and close the options trade, you would have made a profit of $290 per contract or an 83% profit margin on the trade.

Okay, back to AMD. AMD now has exposure across virtually the entire AI ecosystem, which includes GPUs, CPUs, networking, software, and Helios rack-scale systems. This is completely different from simply selling a graphics processing unit.

AMD is increasingly striving to become a complete AI infrastructure platform, and the numbers are starting to show it.

AMD's data center business is experiencing explosive growth. The company's total product revenue in the last quarter amounted to $11.5 billion. That was a 50% increase. But look specifically at the revenues of data centers, which reached $6.7 billion.

It has increased by 107% year-on-year. Data centers alone now account for approximately 58% of AMD's total revenue.

Let's look at profitability; for me, it's a much more important number than total sales. Data center operating income reached $2.1 billion during the quarter. The operating profit margin for this sector reached 31%.

A year ago, AMD's data division had actually recorded an operating loss. Although the comparison was affected by the cost of export controls amounting to $800 million, the company is not simply a revenue-generating machine.

We are seeing an impact on profits, and this reminds me of something familiar.

Nvidia then versus AMD now. Now, let's take a look at AMD. Again, I am not saying that AMD in 2026 or even 2027 will become what Nvidia was in 2023 and beyond. Nvidia had and still has advantages that AMD does not.

Such as the CUDA platform, market share, margins, size, software, networks, and a huge ecosystem. But there is one similarity that I think investors should pay close attention to.

Data center growth accelerates, revenue estimates explode, operational leverage grows, and Wall Street keeps raising expectations.

Now, AMD's data center revenues are growing by 107%, Instinct production is ramping up, CPUs are accelerating, Helios is being activated, and the deployment of massive cloud services is expanding.

The question is not whether AMD will replace Nvidia? I do n't think AMD needs to do that. The question is, can AMD capture a significant share of the rapidly growing artificial intelligence computing market? I think the answer could definitely be yes.

And here I think the AMD story gets more interesting. AMD recently launched the Helios system. Helios is AMD's server-level artificial intelligence infrastructure solution. Think about what Nvidia has done with great success.

It's no longer just about selling individual graphics processing units. In fact, it has increasingly begun selling integrated systems. AMD is trying to do something similar. The Helios system combines Instinct MI450 graphics units, central processing units, networking, and software into an integrated artificial intelligence system.

AMD already has significant customer commitments. Anthropic and AMD have announced an agreement to deploy 2 gigawatts of Instinct MI450 units within Helios servers. Microsoft has expanded its partnership with AMD to deploy Helios and 6th-generation EPYC processors across the Azure platform.

This is no longer a theoretical product. Customers line up to place purchase orders. Cloud giants are choosing AMD as another key supplier, and this shows that more than one company can succeed in this field.

AMD has customers such as Microsoft, Amazon, Meta, Oracle, and Alphabet, to name a few.

Cloud giants are choosing AMD as another key supplier, and this shows that more than one company can succeed in this field. AMD has customers such as Microsoft, Amazon, Meta, Oracle, and Alphabet, to name a few .

As spending on artificial intelligence grows to hundreds of billions, even a modest share of that market becomes enormous. Looking at the screen here, available to those who join my investment community, you can see that the stock is getting a solid strength rating of 71.

And when we move to the earnings tab, you can see that the earnings are poised to explode. The company is not only increasing its revenues faster, but it has also become more profitable at the same time, which is something I like to see.

Also, here’s a look at the latest price target updates, which show a low target price of $600 per share and a high target price of $710. This figure of 710 represents a 40% increase from current levels.

We are talking here about a stock that I believe will surpass the thousand-dollar mark. So, saying that I am a fan of AMD is an oversimplification.

Looking at the screen here, available to those who join my investment community, you can see that the stock is getting a solid strength rating of 71. And when we move to the earnings tab, you can see that the earnings are poised to explode.

The company is not only increasing its revenues faster , but it has also become more profitable at the same time, which is something I like to see. Also, here’s a look at the latest price target updates, which show a low target price of $600 per share and a high target price of $710.

This figure of 710 represents a 40% increase from current levels. We are talking here about a stock that I believe will surpass the thousand-dollar mark. So , saying that I am a fan of AMD is an oversimplification.

Here's the easiest way I can explain it. Nvidia builds a Ferrari, and AMD builds a McLaren. Both are high- performance branded cars.

Now, let's compare the two because they are not interchangeable investments . AMD is a more direct competitor to Nvidia. You are betting on AI accelerators, graphics processing units, rack-level infrastructure, software, networks, and increasing market share.

I don't think you necessarily have to choose one over the other. I own both of them and I will increase my stake in them by using option contracts.

As for AMD, I'm keeping an eye on the revenue from "Instinct" processors. Will the increased production of MI450 meet expectations? Regarding " Helios", are customers using it on a large scale ?

Regarding central processing units (CPUs), is AMD continuing to gain market share? Regarding software, can AMD continue to close the software gap with CUDA ? It belongs to Nvidia .

And perhaps most importantly, profit margins. Because if AMD's AI business expands , I want to see that increasingly reflected in profits, with higher operating income margins .

I think AMD’s ability to generate profits several years from now may look very different from what investors see today and what analysts expect tomorrow.

This is what interests me about AMD. This is what interests me about Marvell. Because if we wait until AMD acquires a large share of AI accelerators, or Helios is deployed, or Marvell's custom chip software starts generating tens of billions in revenue, and Wall Street becomes fully aware of this opportunity, then we will not be in the early stages.

Again, I don't expect AMD or Marvell to repeat that. That would be a very high assumption.

For me, there are two companies I keep a close eye on: AMD and Marvell. But they are not the only two names, but they are certainly two main names. AMD is giving me exposure to a second major emerging computing platform in the field of artificial intelligence.

Different businesses, different risks , different opportunities, but both could benefit from the same massive, fundamental trend: building AI infrastructure. I'm not saying they're the next Nvidia.

I would say that Nvidia has taught us what to look for: massive growth in data center revenues, rapid profit growth, expansion into a targetable market , huge customer commitments, and products that stand directly in front of a massive capital expenditure cycle.

These are the characteristics I'm looking for, and currently, AMD and Marvell are two companies that meet many of these criteria.