Is AMD Stock a Buy Now?
Data centers are an increasingly lucrative business for AMD, with its hardware powering servers worldwide.  The company launched its Genoa series of data center chips in November 2022, with Microsoft's Azure, Alphabet's Google Cloud, and Oracle already signed on as cloud computing clients.  Considering AMD's data center revenue rose 64% last year, the success of new chips is promising for the segment's long-term outlook.
Is AMD Stock a Buy Now?
Data centers are an increasingly lucrative business for AMD, with its hardware powering servers worldwide. The company launched its Genoa series of data center chips in November 2022, with Microsoft's Azure, Alphabet's Google Cloud, and Oracle already signed on as cloud computing clients. Considering AMD's data center revenue rose 64% last year, the success of new chips is promising for the segment's long-term outlook.