Home Stock Ideas Long Ideas Tech  Summary AMD is experiencing a CPU-driven supercycle, with EPYC server demand and supply constraints signaling early-cycle upside. AMD's structural growth is underpinned by CPUs becoming integral to AI infrastructure, with projected revenues rising from ~$34.6B in 2025 to ~$68B in 2027. Supply constraints through 2026 and the upcoming Venice EPYC and MI450 launches position AMD for potential exponential earnings and ASP growth. UBS upgraded AMD's price target to $455, reflecting a bullish reset as forward P/S remains attractive versus NVDA despite higher P/E multiples. HuiLiu/iStock via Getty Images I went long on Advanced Micro Devices, Inc. ( AMD ) about a month ago, playing a CPU cycle breakout against the prevailing market perception, and the 65% run seems to have proven the idea. The market remained anchored Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives.…