Dear AMD Stock Fans, Mark Your Calendars for May 5

Advanced Micro Devices (AMD) is due to report its fiscal first-quarter results on May 5. With demand for central processing unit (CPU) chips heating up amid the accelerating proliferation of agentic AI, the chip giant's growth looks poised to accelerate meaningfully in the medium-to-long term. What's more, the company's graphics processing unit (GPU) business appears to be expanding considerably.

AMD is already benefiting to some extent from these trends, which should enable it to deliver impressive Q1 results. Two analysts also recently issued bullish notes on the chipmaker. Now, growth investors looking for increased exposure to the chip space may want to consider buying AMD stock.