AMD shares trade at $507.93, down 18.57% over the past month but up 137.17% year to date. Second-quarter revenue rose 50.1% to $11.54 billion, with Data Center revenue up 107% to $6.72 billion, and management guided third-quarter revenue to about $13 billion. OpenAI, Meta and Anthropic have committed to 6 GW, up to 6 GW and up to 2 GW of MI450 GPUs, respectively. The article flags risks including a 141x trailing earnings multiple, Meta's first negative free cash flow since 2012, Brent crude above $112, about $800 million in MI308 export-control charges, and a 31% decline in Gaming. The consensus price target of $637.61 implies 25.5% upside, with 56 analysts rating the stock 5 Strong Buy, 40 Buy, 11 Hold and no Sell.
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