Google, Microsoft, and Meta Likely to Continue Driving AI ETFs Amid BlackRock CIO's Dismissal of Bubble Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 10 2025
0mins
Source: Benzinga
AI ETFs Resilience: AI-focused ETFs like Global X AI & Technology ETF (AIQ) and iShares Future AI & Tech ETF (ARTY) are maintaining strong performance amid concerns of an "AI bubble," supported by solid earnings from major tech companies such as Microsoft, Meta, and Alphabet.
Investor Confidence: BlackRock's Rick Rieder and analysts from Goldman Sachs and Wedbush express confidence that the current AI market momentum is based on strong fundamentals rather than speculation, indicating that the sector is not in a meltdown phase.
Diverse Investment Options: Investors are increasingly looking beyond mega-cap stocks, with thematic funds like Roundhill Generative AI & Technology ETF (CHAT) and WisdomTree AI and Innovation Fund (WTAI) attracting attention for their focus on emerging AI opportunities.
Balanced Approach to AI: For those wary of single stock risks, diversified AI ETFs that include high cash flow companies are seen as a safer way to capitalize on the ongoing AI innovation wave.
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Analyst Views on AMD
Wall Street analysts forecast AMD stock price to fall
33 Analyst Rating
25 Buy
8 Hold
0 Sell
Strong Buy
Current: 540.880
Low
210.00
Averages
289.13
High
377.00
Current: 540.880
Low
210.00
Averages
289.13
High
377.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing and artificial intelligence (AI). Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes AI accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive system-on-Chip (SoC) products for data centers. Client and Gaming segment includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services. Embedded segment includes embedded CPUs, APUs, FPGAs, system on modules (SOMs), and Adaptive SoC products. It markets and sells its products under the AMD trademark. Its products include AMD EPYC, AMD Ryzen, AMD Ryzen PRO, Virtex UltraScale+, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AMD Poised to Announce Major New Chip Customer
- Optimistic Market Outlook: Citi analysts project that as agentic AI workflows move into production, AMD's strong position in the CPU market will significantly expand, with the total addressable market for CPUs expected to grow from $29 billion to $131 billion by 2030, indicating substantial future growth potential for AMD.
- Upcoming Summit: AMD is set to host the 'Advancing AI' summit on July 22-23, with analysts suggesting that the event could feature industry-shaking announcements, particularly regarding the expanded adoption of AMD's MI series chips, which may attract new customers and bolster market confidence.
- Strong Stock Performance: AMD's stock has appreciated 159% by mid-2026, leading to a forward price-to-earnings ratio of 75, reflecting significant market expectations for AMD's future success, although the shares appear increasingly pricey.
- Investment Strategy Advice: Despite AMD's compelling prospects in the AI ecosystem, analysts recommend a dollar-cost averaging strategy rather than attempting to time market fluctuations, allowing investors to benefit from the expanding CPU opportunity and AMD's potential market share growth over the long term.
See More
AMD's Potential and Outlook in the AI Sector
- Expanding Market Potential: Citi analysts project that the total addressable market for CPUs will grow from approximately $29 billion to over $131 billion by 2030, indicating AMD's increasing role in AI workloads and bolstering investor confidence in its future growth.
- New Customer Speculation: Analysts speculate that AMD may announce partnerships with frontier AI labs, which, if confirmed, would further validate the demand for AMD chips and enhance the company's position in the AI infrastructure landscape.
- Strong Stock Performance: By mid-2026, AMD's stock has appreciated by 159%, resulting in a forward P/E ratio of 75, indicating that the market is pricing in substantial future success and reflecting investor optimism about long-term growth.
- Investment Strategy Recommendation: Despite AMD's compelling prospects in the AI ecosystem, analysts recommend employing a dollar-cost averaging strategy to avoid overextending investments due to single event-driven market fluctuations, thereby more prudently capturing the expanding CPU market opportunities.
See More
AMD's AI Summit Sparks Investor Anticipation
- Market Potential: Citi analysts project that the total addressable market for CPUs will grow from approximately $29 billion to over $131 billion by 2030, indicating a significant surge in demand for CPUs as AI workloads evolve, positioning AMD's EPYC processors to benefit and solidify its role in AI infrastructure.
- Customer Expansion Speculation: Analysts speculate that AMD may announce partnerships with frontier AI labs for the adoption of its MI series chips, which could diversify AMD's customer base and optimize costs, although such announcements remain uncertain.
- Strong Stock Performance: By mid-2026, AMD's stock has appreciated by 159%, resulting in a forward P/E ratio of 75, indicating that the market is pricing in substantial future success and reflecting investor confidence in AMD's prospects within the AI ecosystem.
- Investment Strategy Advice: While AMD presents compelling opportunities in AI, analysts recommend a dollar-cost averaging strategy rather than attempting to time purchases, allowing investors to benefit from the expanding CPU market and AMD's potential market share growth over the long term.
See More
AMD's AI Event Could Boost Stock Price
- Stock Price Upside: AMD's shares have surged 131% in the first half of 2026, and despite a recent 5% drop due to semiconductor sell-offs, the upcoming AI event could reignite investor confidence.
- Helios Platform Demand: At the July 22-23 event, AMD is expected to announce significant customer wins for its Helios server solutions, with Meta set to deploy the platform in the second half of 2026, indicating strong market demand.
- Significant Technical Advantage: The Helios system features 432GB of high-bandwidth memory, surpassing Nvidia's 288GB, positioning AMD favorably in AI infrastructure and potentially attracting more hyperscaler customers.
- Future Growth Expectations: AMD's earnings per share are projected to jump 77% to $7.39 in 2023, and if it reaches $18.30 by 2028, the stock could see a 41% increase, highlighting strong long-term growth potential.
See More
AMD Shares Surge 131% in 2026, Positive Outlook Ahead
- Stock Performance: AMD's shares have surged by 131% in the first half of 2026, although they have recently dropped nearly 5% due to a sell-off in semiconductor stocks, indicating strong market confidence in its future growth despite short-term volatility.
- AI Event Announcement: AMD is set to hold its 'Advancing AI' event on July 22-23, where it is expected to unveil new AI platforms and customer deployment details, which could further boost investor confidence, especially after last year's event showcased the Helios server architecture.
- Strong Customer Demand: The Helios platform has been adopted by Meta, which plans to deploy it in the second half of 2026, and AMD's management noted strong customer demand during the May earnings call, suggesting potential to attract more hyperscaler clients.
- Earnings Expectations: AMD's earnings per share are projected to jump by 77% to $7.39 this year, and if it reaches $18.30 by 2028, trading at 40 times earnings could push its stock price to $732, representing a potential 41% increase, highlighting its long-term growth potential.
See More
Strong Prospects for AI Infrastructure Market
- Nvidia's Market Leadership: Nvidia has grown to become the world's largest company by market cap, with its GPUs serving as the primary chips for training AI models, and its CUDA software creating a strong competitive moat, positioning it for continued robust growth.
- AMD's Growth Potential: Although AMD lags behind Nvidia in AI model training, its strategic positioning in inference and agentic AI presents significant market opportunities, with inference expected to surpass training, and AMD's chip design being better suited for this demand.
- Micron's Financial Performance: Micron Technology reported a staggering revenue increase from $9.3 billion last year to $41.5 billion in its fiscal third quarter, with gross margins expanding from 37.7% to 84.6%, reflecting strong demand in the high-bandwidth memory market, which is projected to reach $100 billion next year.
- Advantages of Long-term Customer Agreements: Micron's long-term strategic agreements with customers, which include non-cancellable HBM and NAND contracts, are expected to mitigate the typical cyclicality of the memory business, enhancing its competitive position in the market.
See More
AMD Poised to Announce Major New Chip Customer
- Optimistic Market Outlook: Citi analysts project that as agentic AI workflows move into production, AMD's strong position in the CPU market will significantly expand, with the total addressable market for CPUs expected to grow from $29 billion to $131 billion by 2030, indicating substantial future growth potential for AMD.
- Upcoming Summit: AMD is set to host the 'Advancing AI' summit on July 22-23, with analysts suggesting that the event could feature industry-shaking announcements, particularly regarding the expanded adoption of AMD's MI series chips, which may attract new customers and bolster market confidence.
- Strong Stock Performance: AMD's stock has appreciated 159% by mid-2026, leading to a forward price-to-earnings ratio of 75, reflecting significant market expectations for AMD's future success, although the shares appear increasingly pricey.
- Investment Strategy Advice: Despite AMD's compelling prospects in the AI ecosystem, analysts recommend a dollar-cost averaging strategy rather than attempting to time market fluctuations, allowing investors to benefit from the expanding CPU opportunity and AMD's potential market share growth over the long term.
See More
AMD's Potential and Outlook in the AI Sector
- Expanding Market Potential: Citi analysts project that the total addressable market for CPUs will grow from approximately $29 billion to over $131 billion by 2030, indicating AMD's increasing role in AI workloads and bolstering investor confidence in its future growth.
- New Customer Speculation: Analysts speculate that AMD may announce partnerships with frontier AI labs, which, if confirmed, would further validate the demand for AMD chips and enhance the company's position in the AI infrastructure landscape.
- Strong Stock Performance: By mid-2026, AMD's stock has appreciated by 159%, resulting in a forward P/E ratio of 75, indicating that the market is pricing in substantial future success and reflecting investor optimism about long-term growth.
- Investment Strategy Recommendation: Despite AMD's compelling prospects in the AI ecosystem, analysts recommend employing a dollar-cost averaging strategy to avoid overextending investments due to single event-driven market fluctuations, thereby more prudently capturing the expanding CPU market opportunities.
See More
AMD's AI Summit Sparks Investor Anticipation
- Market Potential: Citi analysts project that the total addressable market for CPUs will grow from approximately $29 billion to over $131 billion by 2030, indicating a significant surge in demand for CPUs as AI workloads evolve, positioning AMD's EPYC processors to benefit and solidify its role in AI infrastructure.
- Customer Expansion Speculation: Analysts speculate that AMD may announce partnerships with frontier AI labs for the adoption of its MI series chips, which could diversify AMD's customer base and optimize costs, although such announcements remain uncertain.
- Strong Stock Performance: By mid-2026, AMD's stock has appreciated by 159%, resulting in a forward P/E ratio of 75, indicating that the market is pricing in substantial future success and reflecting investor confidence in AMD's prospects within the AI ecosystem.
- Investment Strategy Advice: While AMD presents compelling opportunities in AI, analysts recommend a dollar-cost averaging strategy rather than attempting to time purchases, allowing investors to benefit from the expanding CPU market and AMD's potential market share growth over the long term.
See More
AMD's AI Event Could Boost Stock Price
- Stock Price Upside: AMD's shares have surged 131% in the first half of 2026, and despite a recent 5% drop due to semiconductor sell-offs, the upcoming AI event could reignite investor confidence.
- Helios Platform Demand: At the July 22-23 event, AMD is expected to announce significant customer wins for its Helios server solutions, with Meta set to deploy the platform in the second half of 2026, indicating strong market demand.
- Significant Technical Advantage: The Helios system features 432GB of high-bandwidth memory, surpassing Nvidia's 288GB, positioning AMD favorably in AI infrastructure and potentially attracting more hyperscaler customers.
- Future Growth Expectations: AMD's earnings per share are projected to jump 77% to $7.39 in 2023, and if it reaches $18.30 by 2028, the stock could see a 41% increase, highlighting strong long-term growth potential.
See More
AMD Shares Surge 131% in 2026, Positive Outlook Ahead
- Stock Performance: AMD's shares have surged by 131% in the first half of 2026, although they have recently dropped nearly 5% due to a sell-off in semiconductor stocks, indicating strong market confidence in its future growth despite short-term volatility.
- AI Event Announcement: AMD is set to hold its 'Advancing AI' event on July 22-23, where it is expected to unveil new AI platforms and customer deployment details, which could further boost investor confidence, especially after last year's event showcased the Helios server architecture.
- Strong Customer Demand: The Helios platform has been adopted by Meta, which plans to deploy it in the second half of 2026, and AMD's management noted strong customer demand during the May earnings call, suggesting potential to attract more hyperscaler clients.
- Earnings Expectations: AMD's earnings per share are projected to jump by 77% to $7.39 this year, and if it reaches $18.30 by 2028, trading at 40 times earnings could push its stock price to $732, representing a potential 41% increase, highlighting its long-term growth potential.
See More
Strong Prospects for AI Infrastructure Market
- Nvidia's Market Leadership: Nvidia has grown to become the world's largest company by market cap, with its GPUs serving as the primary chips for training AI models, and its CUDA software creating a strong competitive moat, positioning it for continued robust growth.
- AMD's Growth Potential: Although AMD lags behind Nvidia in AI model training, its strategic positioning in inference and agentic AI presents significant market opportunities, with inference expected to surpass training, and AMD's chip design being better suited for this demand.
- Micron's Financial Performance: Micron Technology reported a staggering revenue increase from $9.3 billion last year to $41.5 billion in its fiscal third quarter, with gross margins expanding from 37.7% to 84.6%, reflecting strong demand in the high-bandwidth memory market, which is projected to reach $100 billion next year.
- Advantages of Long-term Customer Agreements: Micron's long-term strategic agreements with customers, which include non-cancellable HBM and NAND contracts, are expected to mitigate the typical cyclicality of the memory business, enhancing its competitive position in the market.
See More
