AMD Outlook: Will the Stock Rebound as Valuation Remains Compelling?

Shares of Advanced Micro Devices (AMD) have delivered a strong performance over the past year, significantly outperforming competitor Nvidia (NVDA). Indeed, AMD stock has climbed 95% over the last 12 months, compared to a gain of around 50% for NVDA stock. Despite this impressive rally, however, AMD has cooled in 2026 and now trades about 26% below its 52-week high. While the stock has cooled off a bit, AMD's underlying business fundamentals remain solid. Strong demand for the company’s server central pr ...