#Gate股票畅聊季 AI Tech Stocks: The Exception and the Favorite—Why I’m Choosing AMD!

I’m bullish on AMD because it has had the strongest buying support in this rebound and has performance to back it up in its financial reports.
Data center business doubles: In the third quarter, the data center business grew about 2x, prompting Oppenheimer to upgrade its rating, with a price target of $600[6].
Lands a Google order: Google Cloud’s next-generation TPU 8tx uses AMD EPYC on the host side, giving AMD a visible and measurable share.
Nvidia leaves an opening: Capital is flowing out of Nvidia and into computing stocks with independent growth stories and lower valuations.

Can the rebound continue?
Most likely, the market will remain choppy for a while. Last week’s sharp drop reflected concerns about tighter data center approvals, not the disappearance of AI demand. Morgan Stanley believes the sell-off was overdone, with about 20% of projects merely delayed, not canceled.

Three main things to watch:
October CPI data: A lower-than-expected reading would ease pressure on tech stock valuations.
The pace of overseas project rollouts: Longer order fulfillment timelines would also slow the pace of earnings growth.
Nvidia’s earnings guidance: It is the anchor for the entire sector, and its performance will influence where capital flows.

So AMD is better suited as a “high-growth, high-volatility” pick, and the position should not be too large.$AMD