The author argues that AMD, up nearly 150% so far this year, carries a very high valuation at 136 times trailing earnings and 34 times next year's earnings estimates, so investors should consider acting before AMD reports on November 3. Nvidia trades at about 27 times earnings, which the author considers a fair price. According to the author, AMD's business has not grown nearly as fast as its share price, and Nvidia is still growing faster (106% in Q2 versus 50% for AMD). The author expects investors may rotate from AMD into Nvidia after the third-quarter report, potentially sparking a major sell-off.
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AMDearningsvaluationNvidiasemiconductors
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/29/2026 | 213.72 |
| Change that session | -0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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