semiconductor / news / / Barchart
Advanced Micro Devices (AMD) has been one of the stronger names in chips lately.
AMD's data-center revenue jumped 39% year-over-year to about $5.4 billion last quarter.
KEY POINTS
- Gross margin improved to 57%, partly due to a one-time inventory release tied to MI308 GPUs.
- AMD now trades at 44 times forward earnings, higher than Nvidia's forward P/E of 25.
- Recent analyst upgrades cite AMD's expanding presence in AI infrastructure and server markets.
COMPANIES
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