Advanced Micro Devices, Inc. (NASDAQ:AMD) may be gearing up for its most explosive growth yet, with artificial intelligence poised to drive a multi-year earnings boom.
That's based on a new forecast from Bank of America, which sees AMD's earnings per share (EPS) climbing to as high as $18 by 2030—more than five times its current annual EPS—driven by its growing footprint in the artificial intelligence graphics chip market.
