AMD remains a buy after a 30% rally, with significant runway for revenue and margin expansion driven by strong CPU demand and agentic AI trends. Q2 revenue surged 50% to $11.5bn, led by 107% Data Center growth; gross margin expanded to 54%, and net income rose 163% to $2.3bn. Strategic moves like the World Labs acquisition position AMD to challenge Nvidia as AI shifts toward agentic computing and robotics, potentially narrowing the margin gap.
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