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Advanced Micro Devices shares were trading higher by 2.99% at $223.99 at the time of publication on Monday.
Citi adopted a sum-of-the-parts valuation and slightly raised AMD's 2026 EPS forecast.
KEY POINTS
- AMD's server CPU market share now exceeds 40%, supporting potential earnings beats.
- The next major catalyst is the estimated May 5, 2026 earnings report with higher YoY estimates.
- AMD trades at a premium P/E of 83.3x, indicating a high valuation relative to peers.
- Significant ETF exposure means large fund flows could trigger automatic AMD stock trades.
COMPANIES
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