Advanced Micro Devices, Inc. (AMD) Partners With Meta for AI Infrastructure Expansion

Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the 12 Best Performing S&P 500 Stocks in the Last 10 Years.

Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best performing S&P 500 stocks in the last 10 years. On February 25, TD Cowen reaffirmed its Buy rating and $290 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD). The firm highlighted AMD's recently announced multi-year partnership to sustain Meta's next-generation AI technology.

With an initial deployment beginning in the second half of 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) will contribute six gigawatts of AI computer capacity, valued at over $100 billion. The company would also grant Meta up to 160 million performance-based warrants as part of the deal, enabling Meta to acquire shares at a discount.

Moreover, RBC Capital retained its Sector Perform rating, emphasizing the agreement's possible long-term advantages. Mizuho, on the other hand, warned that the initial stock gains might not be maintained.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company focused on high-performance computing, graphics, and visualization technologies. The company operates through its Data Center, Client and Gaming, and Embedded segments.

While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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