# Advanced Micro Devices (AMD) has been one of the stronger names in chips lately.

*semiconductor · news · 2026-04-16 · Barchart*

## Key points

- AMD's data-center revenue jumped 39% year-over-year to about $5.4 billion last quarter.
- Gross margin improved to 57%, partly due to a one-time inventory release tied to MI308 GPUs.
- AMD now trades at 44 times forward earnings, higher than Nvidia's forward P/E of 25.
- Recent analyst upgrades cite AMD's expanding presence in AI infrastructure and server markets.

**Companies:** Advanced Micro Devices, Nvidia, Taiwan Semiconductor
**Countries:** United States, Taiwan

[Read the full story on Barchart](https://www.barchart.com/story/news/1351488/up-40-in-the-past-12-days-should-you-chase-the-rally-in-amd-stock)

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