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Story summary
- Advanced Micro Devices (AMD) stock rose 88% in the last six months as demand for data center chips and new products rises.
- AMD posted a 36% year-over-year revenue increase in Q3, fueled by fifth-generation Epyc processors and AI GPUs.
- Analysts project revenue will grow 30% annually through 2029, reaching $96 billion.
- Analysts expect AMD's free cash flow to grow 66% annually, despite a 10% profit margin.
