AMD Rallies On 38% Revenue Surge: 2 Top Undervalued AI Chip Stocks

AMD Rallies On 38% Revenue Surge: 2 Top Undervalued AI Chip Stocks

AMD’s Q1 revenue jumped 38%, but its valuation is stretched. Discover two AI chip stocks that deliver similar growth for better value.

Taiwan Semiconductor Manufacturing Company Stock Jumps as AMD’s AI Surge Puts TSMC Capacity in Focus

TSMC’s U.S.-listed shares jumped 6.36% Wednesday after AMD reported a 38% rise in first-quarter revenue, fueling demand for AI-related chip stocks. TSMC said last month that AI demand remains “extremely robust” and 2026 capital spending will hit the high end of its $52–56 billion range. Samsung’s market value surpassed $1 trillion, highlighting competition in the chip sector. Apple has held early talks with Intel and Samsung about chip productio…