Evercore ISI Maintains Outperform Rating on Advanced Micro Devices (AMD)

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Stocks to Invest in For 5 Years According to Billionaires. On May 13, Evercore ISI reiterated an Outperform rating on Advanced Micro Devices, Inc. (NASDAQ:AMD), Arm Holdings, and Intel.

​The firm noted that the positive rating comes after the Q1 2026 server CPU market share report. In terms of the market share, Advanced Micro Devices gained 220 basis points quarter-over-quarter in server CPU unit share, bringing its estimated share to around 24%. This compares to the 55% share of Intel and 17% of Arm Holding’s.

​According to Evercore’s thesis on CPU, the total addressable market is expanding dramatically. The firm sees the market expanding from roughly 30 million annual units to around 75 million to 110 million units.

​Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor company serving the data center, client, gaming, and embedded markets globally.

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