# Advanced Micro Devices Inc (NASDAQ:AMD) stock trended on Monday amid a high-level meeting in Beijing with CEO Lisa Su.

*genai · news · 2026-05-18 · Benzinga*

## Key points

- AMD CEO Lisa Su met with China's Vice Premier He Lifeng in Beijing to discuss expansion.
- AMD signaled plans to expand operations and increase investment in China.
- Citi projects server CPU sector may reach $131.5 billion by 2030 driven by agentic AI.
- Agentic AI CPUs could comprise 45% of the overall CPU market by 2030.
- AMD's estimated August 2026 EPS is $1.55, up sharply from 48 cents year-over-year.

**Companies:** Advanced Micro Devices Inc
**Countries:** China, United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/05/52638348/what-is-going-on-with-amd-stock-on-monday-2)

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