Overview
- At Analyst Day, AMD projected more than 35% compound annual revenue growth, non-GAAP operating margins above 35%, and at least $20 in non-GAAP EPS over three to five years, including roughly 60% annual growth in data-center sales.
- AMD shares rose about 7%–9% after the guidance, with analysts lifting price targets and commentators noting execution risks tied to converting AI partnerships into sustained revenue.
- Nvidia’s Nov. 19 earnings are viewed as a major market catalyst, with strategists warning results could sway AI-linked sectors; Nvidia now carries roughly 8% of the S&P 500 and about 10% of the Nasdaq 100 by weight.
- Citi put Nvidia on a positive catalyst watch and raised its target to $220, modeling a beat-and-raise quarter and higher Blackwell unit momentum.
- Quantum pure plays have posted outsized gains of 260% to 2,710% over the past year even as reported revenues remain small—D‑Wave’s Q3 sales were $3.7 million—insider selling has been noted, and startup Classiq raised tens of millions from AMD, Qualcomm and IonQ venture arms alongside ongoing U.S. government research funding.