# Strong Data Center Demand Drives Growth for AMD.

*semiconductor · news · 2026-04-17 · Benzinga*

## Key points

- AMD is supplying major server chip orders to Meta and OpenAI, driving its data center growth.
- Wolfe maintained 2026 estimates for AMD, as strong data center demand offsets weak consumer sales.
- AMD's RSI is 78.94, signaling the stock is overbought and may see choppy trading.
- The golden cross in July 2025 indicates AMD's primary uptrend remains intact despite pullbacks.
- AMD's confirmed next earnings report is May 5, 2026, with projected EPS of $1.18.

**Companies:** Meta Platforms Inc, Advanced Micro Devices

[Read the full story on Benzinga](https://www.benzinga.com/analyst-stock-ratings/reiteration/26/04/51882233/amd-meta-openai-fuel-massive-2026-chip-surge)

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