How AMD (AMD) Is Expanding Its Role in Enterprise AI Infrastructure

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best AI enabler stocks to buy now.

The latest AI infrastructure angle came on May 8, when Dell Technologies and Advanced Micro Devices, Inc. (NASDAQ:AMD) expanded their on-premises AI platform with support for AMD Instinct MI350P PCIe GPUs in Dell PowerEdge servers. The update matters because AMD is not only trying to compete in giant hyperscale AI clusters but also in enterprise data centers where customers want to add AI capacity without rebuilding their infrastructure from scratch. AMD said the MI350P cards are designed to help enterprises run more models, serve more users, and reduce memory, power, and cooling demands inside existing data centers.

That makes AMD a useful AI enabler beyond the simple “NVIDIA alternative” label. Its pitch combines Instinct GPUs, EPYC server CPUs, and an open ecosystem approach for companies trying to deploy AI across cloud, on-premises, and hybrid environments. The business momentum also supports the angle. On May 5, AMD reported first-quarter 2026 data center revenue of $5.8 billion, up 57% year over year, driven by strong EPYC processor demand and the continued ramp of Instinct GPU shipments. Reuters also reported that AMD forecast second-quarter revenue above Wall Street expectations as AI chip demand remained strong.

How AMD (AMD) Is Expanding Its Role in Enterprise AI Infrastructure

Advanced Micro Devices, Inc. (NASDAQ:AMD) develops CPUs, GPUs, adaptive computing products, AI accelerators, embedded processors, and related software for data centers, PCs, gaming, industrial, automotive, and communications markets.

While we acknowledge the risk and potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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