◆ NeutralAMDNVDA
AMD Stock Popped After Earnings, Then Gave It All Back. Is It a Buy Now?
The Motley Fool·
AMD reported strong Q3 earnings with data center revenue up 97% year-over-year, and the stock initially surged 8% after hours. However, the gains evaporated as investors realized the stock's valuation is expensive relative to growth prospects. Trading at 106x trailing earnings with all of 2027's expected growth already priced in, AMD appears overvalued compared to competitors like Nvidia, which trades at 12.6x forward earnings.
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