AMD reached $158.89 & closed at ATH of 155.2, up 65% this year! The reason for an annual price increase of about 100% in the past 3 years (2018-2020) was due to increases in PC sales, especially the servers!

Can this amazing revenue increase (45% in 2020 & 65% this year) continue?

It won't be easy, but if the recent success in new high tech areas can continue, it may do it again in the next few years:

(1) Server (data center): ATM (total addressable market) is about $23B in 2021. AMD market share near 20% and is growing strongly because all the new data centers are using EPYC chips now. It may pass 50% market share soon!

(2) Smart phone: Revenue in 2020 was $409B. With Samsung Exynos pre-sell order of 200 mil, even a $5 per unit fee will give AMD an $1B revenue, not counting revenues from the others!

(3) Metaverse: Revenue is expected to grow from $47.7B in 2020 to 828.9B in 2028. Even 1 or 2% for AMD is huge!

(4) WIFI: Revenue is expected to grow from 9.4B in 2020 to 25.2B by 2026, at a CAGR of 17.8%. The new partnership with Mediatek could bring significant amount of revenue to AMD.

(5) Laptop: Revenue was 137B in 2020. With AMD's great performance and much better energy consumption, revenue is expected to increase sharply.

(6) GPU: The global GPU market was valued at 32.8B in 2020 and likely will grow to 246B at a compound annual CAGR of 32.82 %t in 2028.

(7) Others: Gaming, 5G, auto-driving. supercomputer..

AMD price may remain volatile short term, but with an extreme low PEG of 0.25, price may quadruple (4x) to around $600 to give a fair value of PEG=1, perhaps in 2-3 years!

Just some thoughts (guesses) to share! GLTA!$AMD(AMD)$