According to Jim Cramer on CNBC, AMD surged 13.26% to $508.58 on Monday (November 9), with the financial commentator calling the chipmaker a 'winner' while flagging concerns over U.S. data center expansion roadmaps.

The rally comes as AMD doubles down on AI infrastructure. However, the company faces substantial financial commitments to support data center growth: $133 billion in future machine leasing obligations, $62 billion in cloud computing purchase commitments, and up to $85 billion in potential contingent liabilities related to partner agreements and debt guarantees. According to Counterpoint, AMD's data center revenue is projected to reach approximately $770 billion in 2027, representing over 80% of total revenue.

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