Why Is Advanced Micro Devices (AMD) Gaining Ground In AI And Quantum?

• Advanced Micro Devices (NasdaqGS:AMD) is in focus after Nvidia confirmed a CEO resignation following a scandal that has unsettled AI hardware investors.
• Analysts are reassessing market share expectations across data center GPUs as customers review supplier concentration following the Nvidia leadership turmoil.
• AMD and PsiQuantum announced an expanded partnership to co design utility scale quantum computing infrastructure alongside a direct equity investment by AMD.
• The Nvidia CEO resignation shock, combined with AMD's deeper PsiQuantum alliance, is worth weighing against the rest of our findings. Our analysis turns up 1 warning sign for Advanced Micro Devices as well.

Consider widening your watchlist to other chipmakers and equipment providers tied to AI infrastructure by reviewing 53 AI infrastructure stocks.

Advanced Micro Devices operates as a global semiconductor producer in the US, supplying the chips that power data centers and high performance computing, where AI training, inference workloads, and experimental quantum platforms increasingly intersect.

3 things going right for Advanced Micro Devices that this headline doesn't cover.

What the Nvidia turmoil and PsiQuantum deal really change for AMD investors

For Advanced Micro Devices, this mix of Nvidia leadership disruption and a deeper PsiQuantum tie up shifts the Narrative from a pure AI accelerator contest to a broader compute stack story. The Nvidia CEO exit draws fresh attention to supplier concentration risk in data center GPUs, which directly connects to the Narrative catalyst about AMD winning a larger role as a complete AI infrastructure provider. The PsiQuantum alliance reinforces that theme by extending AMD CPUs, GPUs and ROCm into hybrid quantum workloads, which supports the idea that execution on full systems, not just MI450 units, is what needs to drive higher data center margins.

See how these catalysts shape Advanced Micro Devices' path to a $647 fair value.

From here, a practical checkpoint is the November 2026 guidance and subsequent updates on AMD’s data center segment, particularly whether management stays on track for the more than 80% server CPU revenue growth target for the second half of 2026 and the more than 70% for full year 2027 that underpin the current AI infrastructure Narrative.

Add Advanced Micro Devices to your Watchlist and get alerts as these catalysts play out.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com