AMD Stock Is Set to Benefit From Both Physical and Agentic AI

AMD (AMD) stock, in line with my previous predictions, has risen tremendously this year amid the AI revolution. With the Street becoming excited about the company's opportunities to supply chips for quickly proliferating agentic AI applications, the shares are likely to keep climbing significantly in the short-to-medium term. And over a longer time span, the company and its shares should be big beneficiaries of the physical AI boom.

Consequently, I believe that AMD CEO Lisa Su was on target when she said recently that she expects the demand for chips to be “very high” for years.