Advanced Micro Devices (NasdaqGS:AMD) Partners With Kalyani Powertrain To Revolutionize India's Server Market

Advanced Micro Devices (NasdaqGS:AMD) experienced a 4% decline in its share price over the last week amid broader market pressures. Despite entering into a significant collaboration with Kalyani Powertrain to enhance India's server infrastructure—a move expected to bolster local manufacturing and the "Make in India" initiative—the company's stock mirrored the tech-heavy Nasdaq's downward trajectory. The Nasdaq fell sharply, influenced by a slide in major tech stocks like Nvidia and Tesla. Simultaneously, market sentiment was dampened by weaker-than-expected consumer confidence data and uncertainty around economic policies, driving down technology stocks broadly. Additionally, AMD's discussions surrounding the potential sale of its data center manufacturing plants added another layer of complexity to its recent stock performance. As investors weigh these developments alongside the volatile tech sector landscape, AMD's collaboration efforts may still pave the way for future growth, albeit with immediate challenges reflected in its stock movement.

Take a closer look at Advanced Micro Devices's potential here.

The last five years have seen Advanced Micro Devices (AMD) achieve a significant total return of 127.79%, including share price and dividends. During this period, AMD's focus on innovation has been key to its growth, with the launch of pioneering products such as the Ryzen AI PRO processors in January 2025, targeting AI and business productivity enhancements. Additionally, their partnership with Absci Corporation in January 2025, which included a US$20 million investment, underlines efforts to harness AI for drug discovery.

AMD's financial strategies bolstered its market presence, highlighted by an active US$8 billion buyback program where they repurchased over 32 million shares by February 2025. Furthermore, AMD's earnings growth soared by a very large amount over the past year, outpacing the semiconductor industry significantly. Despite this, over the past year, AMD's return has underperformed relative to the US Semiconductor industry, which achieved a return of 31.3% and the broader US market at 17.8%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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