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AMD just delivered record second-quarter revenue of $11.5 billion, powered by a massive 107% surge in data center sales to $6.7 billion. With data center revenue now representing over half of total business, Seeking Alpha's Quant system rates the stock as a Strong Buy due to stellar growth and profitability metrics. Looking ahead, management expects third-quarter revenue to hit $13 billion as the Helios AI platform ramps up. Backed by key partnerships with Microsoft and Anthropic, AMD is positioning itself to capture a significant share of an AI chip market projected to hit $2 trillion by 2030.
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