Reality check is catching up for AMD, Street is impressed, says Patrick Moorhead
AMD(US:AMD) CNBC Televisionยท2025-11-12 16:43Breaking news this hour that Anthropic will spend $50 billion to build out AI infrastructure nationwide. It's the latest eyepopping number in the AI spending race. And it comes on a big day for another AI name.That's AMD leading the S&P this morning. 10% gain after the chipmaker projected 35% annual revenue growth in a trillion dollar market for AI data centers by 2030. Joining us this morning, Patrick Morehead, founder and CEO of More Insights and Strategy.Patrick, it's great to have you. I wonder if we ca ...