Will AMD’s (AMD) Leadership Transition Subtly Impact Its AI and Data Center Ambitions?

• On August 22, 2025, Advanced Micro Devices announced that Mr. Philip Carter resigned as Corporate Vice President and Chief Accounting Officer, with Ms. Jean Hu stepping in as interim Chief Accounting Officer while the company searches for a permanent replacement.
• Meanwhile, AMD continues to sharpen its focus on artificial intelligence and high-performance computing, highlighted by its collaboration with IBM on hybrid quantum-classical computing systems and ongoing traction in the data center market.
• We'll explore how AMD's adoption among hyperscale AI customers shapes the company's outlook for data center and advanced computing growth.

AI is about to change healthcare. These 29 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

Advanced Micro Devices Investment Narrative Recap

To be an AMD shareholder today, you need to believe in the long-term strength of AI and high-performance computing demand, especially in the data center space, amid intensifying competition and a rich, but costly, product roadmap. Recent executive changes appear immaterial to near-term execution, with short-term catalysts firmly anchored to AMD’s traction in hyperscale AI and the ramp-up of Instinct and EPYC in cloud environments. However, the biggest risk remains heavy competition and possible regulatory changes that could limit global revenue growth.

Among recent announcements, AMD’s hybrid quantum-computing partnership with IBM stands out. While not directly related to the chief accounting officer transition, it adds to the company’s AI-focused growth catalysts by expanding AMD’s reach beyond conventional cloud and data center compute toward next-generation workloads and customers.

But investors should keep in mind, as optimism builds around AMD’s future, risks such as government support for competitors could change the investment case in ways you need to...

Read the full narrative on Advanced Micro Devices (it's free!)

Advanced Micro Devices' outlook anticipates $46.2 billion in revenue and $9.0 billion in earnings by 2028. This scenario is based on an annual revenue growth rate of 18.5% and a $6.8 billion increase in earnings from the current $2.2 billion level.

Uncover how Advanced Micro Devices' forecasts yield a $184.67 fair value, a 14% upside to its current price.

Exploring Other Perspectives

While the consensus analyst view highlights challenges from export controls and regulatory risks, the most bullish experts saw opportunity for AMD to accelerate revenue growth past 26% annually and surpass US$12.4 billion in earnings by 2028. These forecasts reflect a much more optimistic thesis, showing just how differently opinions can run depending on your perspective and reminding you to compare multiple viewpoints when assessing your own outlook.

Explore 110 other fair value estimates on Advanced Micro Devices - why the stock might be worth as much as 74% more than the current price!

Build Your Own Advanced Micro Devices Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Advanced Micro Devices research is our analysis highlighting 2 key rewards that could impact your investment decision.
• Our free Advanced Micro Devices research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Advanced Micro Devices' overall financial health at a glance.

Ready For A Different Approach?

Our daily scans reveal stocks with breakout potential. Don't miss this chance:

• Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit.
• Find companies with promising cash flow potential yet trading below their fair value.
• Uncover the next big thing with financially sound penny stocks that balance risk and reward.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com