AMD Stock Rebounds Amid Favorable AI Infrastructure Announcements and Ambitious Financial Targets.

AMD shares are trading higher after a series of major AI infrastructure announcements and ambitious long-term financial targets. The chipmaker's expanded collaboration with Hewlett Packard Enterprise and cloud partner Vultr's massive expansion in Ohio have helped calm investor nerves. Analysts at Wedbush and Bank of America see a path to $100 billion in data center revenue and a projected 35% compound annual growth rate through 2030.