Can AMD’s Q4 Earnings Report Push the Stock to New Highs?

Core Viewpoint - Advanced Micro Devices (AMD) has experienced a significant stock rally, increasing by 111% over the past year, with a year-to-date rise of over 16% in 2026, driven by its growing market share in the data center sector and strong AI product offerings [1][2] Group 1: Market Performance - AMD's stock has surged 111% in the past year and is up more than 16% year-to-date in 2026 [1] - The company has strong growth expectations outlined during its recent Financial Analyst Day, projecting growth over the next three to five years [2] Group 2: Earnings Expectations - Attention is focused on AMD's upcoming fourth-quarter earnings report scheduled for February 3, with elevated expectations for sustained growth due to solid business momentum [3][4] - AMD is anticipated to deliver strong quarterly results, supported by momentum in its data center AI, server, and PC businesses [5] Group 3: Data Center Segment - The data center segment is expected to maintain double-digit revenue growth, driven by the ramp-up of the Instinct MI350 series GPUs and gains in the server CPU market [6] - AMD's server business achieved an all-time high in Q3, reflecting strong demand for its fifth-generation EPYC processors, with prior-generation processors also showing robust sales [7]