By Tirthankar Chakraborty
Publication Date: 2026-08-26 12:05:00
Driven by rising artificial intelligence (AI) and Data Center demand, both Advanced Micro Devices, Inc. AMD and Broadcom Inc AVGO have benefited. But AMD’s 124.6% year-to-date gains significantly outperformed Broadcom’s 3.3%. However, with both companies positioned to capitalize on the continued AI growth, the question now is which stock offers greater upside potential from here.
The Bullish Case for AMD Stock
According to AMD’s Aug. 4 press release, the company’s revenues reached $11.5 billion in the second quarter of 2026, up 50% year over year and 13% quarter over quarter. In particular, Data Center revenues were strong, more than doubling year over year (read more: Advanced Micro Q2 Earnings: How Key Metrics Compare to Wall Street Estimates).
AMD further expects revenues to reach $13 billion, plus or minus $300 million in the third quarter of 2026. At the midpoint, that would represent 41% year-over-year growth and a 13% sequential…
