Call me surprised. Advanced Micro Devices (AMD) is flying towards $9.00, and appears set to get to above $10, a price target I set for 2017. Why? AMD won a GPU cloud computing deal with Google (GOOGL) for AMD’s FirePro server. This is a significant win for AMD. Before that, the industry treated Nvidia, Intel and others as the de-facto supplier for cloud GPU solutions. $NVDA, NVIDIA Corporation / 60 AMD’s positive fundamental catalysts are baked in the share price. This includes: 1.Successful revenue growth for Polaris in 20162.Zen development3.Share sale and debt issuance to cut interest costsLooking ahead, Zen’s production release, likely in the March – May timeframe, will justify AMD’s stock price in the double digits.AMD is the value group’s top performer this year. On the premium marketplace newsletter (requires a subscription), members benefited from a 400% return on AMD so far. The marketplace roundtable hints at the 2017 tech picks, based on trends in VR/AR and IoT. $AMD, Advanced Micro Devices, Inc. / 60 Here are some hints the premium ideas include: BlackBerry Android and InvenSense’s role in drones and hoverboards.TakeawayAMD is close to crossing $10, a move that seemed unlikely just before the market's melt-up. Beware: NVDA is lifting AMD and AMD already forecast a light outlook in the near-term. The stock is worth $10 or more, but do not be surprised if the stock dips before getting there.