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AMD injects another boost into AI! Can it continue to reach new highs?

On November 12, AMD's stock price surged over 10% during early trading on the U.S. stock market. On the news front, on November 11 Eastern T Show More
On November 12, AMD's stock price surged over 10% during early trading on the U.S. stock market. On the news front, on November 11 Eastern Time, at AMD’s inaugural Financial Analyst Day event, CEO Lisa Su expressed an optimistic outlook for the AI market and projected that AMD’s revenue growth would accelerate over the next five years, with the AI data center market size potentially surpassing USD 1 trillion. Previously, AMD had reported record-high revenue for Q3; however, its share price fell post-earnings. Can AMD this time overcome market expectations tied to AI? Will it continue to reach new highs in the near term?
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