AMD Stocks Surge 55% in April on AI GPU Rollout and Ryzen Launch
AMD has surged 55% in April during the semiconductor index's record 16-day rally, bolstered by AI demand and the upcoming MI450 GPU alongside its Ryzen 9 9950X3D2 dual 3D V-Cache processor. Major AI infrastructure deals, including Meta's 6GW deployment, support forecasts for 60% data center revenue growth and $6.70 EPS.
1. Semiconductor Index Rally and AMD Performance
The Philadelphia Semiconductor Index posted a record 16-day winning streak, lifting the sector 38.7% and driving AMD shares up 55% in April as one of its four largest components alongside Nvidia, Broadcom and Micron.
2. Ryzen 9 9950X3D2 Launch Details
AMD introduced the Ryzen 9 9950X3D2 dual 3D V-Cache processor at $899, featuring 16 cores and 32 threads to enhance high-end gaming and professional workloads while improving gross margins on premium CPU sales.
3. MI450 GPU and Data Center Outlook
The upcoming MI450 GPU and rack-scale solutions, due in the second half of 2026, target large-scale AI inference clusters with major customers like Meta, OpenAI and Anthropic, underpinning expectations for over 60% annual data center revenue growth.
4. AI Infrastructure Deals and Earnings Forecast
Multi-year AI infrastructure agreements, notably Meta's 6GW deployment, could more than double AMD's data center revenue over five years, supporting analyst projections for 60% EPS growth to $6.70 per share in 2026.