Why These Semiconductor Stocks Could Surge 50% in the Next 12 Months | The Motley Fool

The market loves growth, and two of the artificial intelligence (AI) infrastructure names with the biggest growth opportunities still ahead are Advanced Micro Devices (AMD 1.45%) and Broadcom (AVGO 0.22%). That’s why both semiconductor stocks have the potential for 50% or more upside over the next year.

Right now, AI infrastructure spending is booming, with the five largest hyperscalers (owners of massive data centers) alone expected to spend $700 billion this year building out data center capacity. At the same time, there are clear shifts in the market set to benefit both AMD and Broadcom. That’s why these are the two top stocks to own moving forward.

AMD: An inference and agentic AI opportunity

Trading at a forward price-to-earnings (P/E) ratio of 63.5 times 2026 analyst estimates, AMD’s stock does not appear cheap. However, the growth in front of it could be enormous, which could easily send its stock up more than 50% over the next year.

Today’s…