Can AMD’s Q4 Earnings Report Push the Stock to New Highs?

Shares of Advanced Micro Devices (AMD) have rallied significantly, surging 111% over the past year. That momentum has carried into 2026 as well, with the stock already up more than 16% year-to-date. The strength in AMD stock reflects its growing share in the fast-growing data center market, a strong artificial intelligence (AI) product roadmap, and key partnerships with major industry leaders. Collaborations with companies such as OpenAI and Oracle (ORCL) have strengthened AMD’s position, helping boost confidence in its long-term growth potential.

The market sentiment received another lift during AMD’s recent Financial Analyst Day, where management outlined strong growth expectations for the next three to five years.