AMD shares are up more than 140% this year at around $530, but have fallen about 19% from their record close of $649.42 on Oct. 6, ahead of the Nov. 3 third-quarter report. AMD has consistently beaten its own guidance, and management expects third-quarter revenue of $12.7 billion to $13.3 billion with a non-GAAP gross margin of about 56%. The data center segment made up 58% of second-quarter revenue, but year-over-year growth may slow against a much tougher comparison; CEO Lisa Su said the Helios AI rack system begins ramping in the third quarter and steps up in the fourth. At about 34 times expected 2027 earnings, down from about 41 times at the record close, the author sees the stock as attractive and suggests a starter position with room to add if the price falls.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- What Advanced Micro Devices Buyers Were Betting On Before A 137% Rally
Advanced Micro Devices shares have risen 136.6% since the start of 2026, including dividends, and now trade at US$529 after starting the year at US$214. The article frames the decision as whether AI data center demand, including MI450 deals with Anthropic and Meta and the MI350 ramp, justified the price. A bullish narrative put Fair Value at US$227, while a cautious one set it at US$185 and flagged execution risk, competition and heavy AI investment. AMD's Q2 2026 results showed revenue rising from US$7,685m to US$11,536m and net income from US$768m to US$2,305m, with net margin rising from 10.0% to 20.0%. The article says the selected narrative's Fair Value sits below the current price, so MI400 execution and competitive risks are the key test.
- INTC, AMD, MU, SNDK: US Chip Stocks Rebound After Worst Week Since March
U.S. chip stocks rebounded over the weekend after their worst week since March, as investors repositioned ahead of third-quarter earnings from Tesla, Netflix and Meta. Intel and AMD each rose about 2.6% in overnight trading, while Micron and SanDisk gained 1.8% and 2.6%, and the iShares Semiconductor ETF (SOXX) rose 2.4% after an 11.8% drop the previous week. In a Nikkei interview, Intel CEO Lip-Bu Tan said the company was “80% done” with its restructuring and pointed to AI chip packaging and ASICs as growth areas. Intel also unveiled its GPU D-series with up to 480GB of memory, which according to TechRadar surpasses the 288GB of Nvidia's Blackwell Ultra B300 for data center GPU memory capacity. Stocktwits sentiment was bullish on SOXX, bearish on INTC, neutral on AMD and bullish on MU and SNDK, while one trader warned of possible further downside before a bounce and advised caution with long positions until last week's high is broken.
- This Is AMD's Biggest Hurdle in an AI Sell-Off (and No, It's Not Nvidia)
AMD shares have sold off recently, even though the company has benefited from an AI chip shortage because Nvidia cannot meet all demand. The article argues that valuation is a bigger risk than the AI business, with AMD's P/E at 139 and forward P/E at 72, several times higher than Nvidia, Broadcom and Taiwan Semiconductor. If AMD's P/E fell to Nvidia's current level, the stock could lose close to 80% of its value. Still, the valuation is seen as more of a threat to the stock than to the company, since data center AI chips made up 58% of AMD's latest-quarter revenue versus almost 93% for Nvidia. The author reduced AMD holdings for diversification but kept a substantial long-term position.
- Intel vs. AMD: The CPU Comeback Has Become a 2-Stock Fight, But 1 Is the Better Buy
- Here What $10 , 000 Split Across SpaceX , Palantir , and 3 AI Chip Stocks Could Be Worth in 2035
The author argues that concentrating a large sum in one stock is a risky bet and that diversifying across companies building different parts of the same future is smarter, so suggests splitting $10,000 equally, $2,000 each, into five AI-linked stocks for the long term. Space Exploration Technologies (SPCX), public since its June 2026 IPO and trading near $145 with a market cap close to $2 trillion, has a bull case built on Starlink's direct-to-cell service and Starship's frequent, cheaper launches, but would likely track the market if that progress stalls. Palantir (around $195) could grow a $2,000 stake to $8,000 to $10,000 by 2035 if its rare growth pace holds, or to about $3,000 if growth merely cools; Broadcom (around $340) could reach about $6,000 in a bull case or about $3,000 if customer concentration becomes a problem. AMD (around $540) could reach $8,000 if it closes its software gap with Nvidia's CUDA, or about $4,000 if it falls short. TSMC (around $415) is expected to keep fabricating the physical chips, with its planned Arizona investment at $265 billion and its 2026 capital expenditure budget lifted toward $64 billion.
- Here's What $10,000 Split Across SpaceX, Palantir, and 3 AI Chip Stocks Could Be Worth in 2035
The author argues that spreading money across several companies in a promising sector beats concentrating in one stock, and suggests splitting $10,000 into five $2,000 stakes in SpaceX (SPCX), Palantir (PLTR), Broadcom (AVGO), AMD and TSMC. SPCX, which went public in June 2026, trades near $145 with a market cap of close to $2 trillion; PLTR trades near $195, and its U.S. commercial revenue more than doubled in the first half of 2026. Under the author's scenarios, $2,000 in PLTR could grow to $8,000–$10,000 if growth continues or about $3,000 if it slows; AVGO could reach near $6,000 or about $3,000; AMD could reach $8,000 or about $4,000. TSMC has raised its planned Arizona investment to $265 billion and its 2026 capex budget toward $64 billion.
Related markets
Latest news
- Duong Son Ba Arrested, Hai Phong Thermal Power Loses Lawsuit and Must Pay VND 115 Billion to Partner
Hai Phong Thermal Power (HND) disclosed an appellate ruling in a coal supply dispute with Dan Ka Mineral, under which the court accepted the plaintiff's appeal and ordered the company to pay nearly VND 115 billion, including a coal price difference of over VND 80.15 billion and interest of over VND 34.65 billion. The dispute stems from a 2021 contract, with disagreement over price adjustments after global coal prices rose sharply in 2022. Duong Son Ba, the company's general director, was arrested on 21 May 2026 over alleged forgery of documents of an agency or organisation, and the board dismissed him from the post on 13 October, with no successor yet announced. In the first half of 2026, the company reported net revenue of nearly VND 6,081 billion, up 8%, and after-tax profit of over VND 508 billion, up nearly 25%.
- Iran threatens to use the 'father of all missiles' to strike adversaries' energy facilities
Major General Mohammad Reza Naqdi, senior adviser to the IRGC commander, said at a rally in Sari on October 18 that Iran has prepared the most advanced missiles and will respond to any aggression. He warned that energy infrastructure and investments belonging to powers Tehran deems aggressive in the region could fall within Iranian missile range. His remarks answered US President Donald Trump's threat to use the GBU-43/B MOAB, often called the 'mother of all bombs' and weighing about 14 tons, against Iran's energy infrastructure and nuclear sites. Naqdi said Iran also possesses these bombs, having seized some that failed to detonate in the 12-day war, and called Trump's impatience a 'public admission of defeat'.
- Strategy on verge of golden cross, just weeks after bitcoin flashed same bullish signal
Strategy (MSTR) is about to form a golden cross, when its 50-day average rises above its 200-day average, possibly as early as Monday, just weeks after bitcoin showed the same bullish signal. The company holds $69.81 billion in bitcoin, and its stock has had two earlier golden crosses followed by big rallies: from $15.57 in September 2020 to $127.29 by February 2021, a 717% gain, and from $25.29 on March 2, 2023 to a peak of $473.83 in November 2024, up 1,774%. The article stresses the signal is unreliable, though: since 1999 MSTR has had 19 golden crosses, and only 10 were followed by a higher price 12 months later, a 50% hit rate, with a median 12-month return of just 3.3%. The two worst cases, in 2001 and 2007, were followed by a 61% loss.
- Director of the HCMC Institute of Economics, Natural Resources and Environment: Four major corporations have raised plans to invest in Vietnam, but pulled back when asked about power capacity
At a seminar co-organized by Tien Phong newspaper and the HCMC Department of Construction on October 16, TS. Phạm Viết Thuận said the city should treat infrastructure as an integrated system rather than focusing only on transport. He argued that 11 main and 13 secondary infrastructure categories, including power, water drainage, industrial zones and logistics, need to be synchronized for the city to develop its economy. To address flooding, he proposed surveying 159 flood-prone points and building ecological lakes at major spots. He also noted that four large corporations had considered investing in Vietnam but withdrew when asked about grid power capacity. Department director Trần Quang Lâm said capital mobilization and land policy need further study, while traffic congestion, flooding and pollution remain the city’s top priorities.
- Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Bitcoin climbed from an overnight low near $80,700 to just above $83,000 early Monday, then slipped back to about $82,400 as sellers stepped in, and was up 0.3% over 24 hours. The bounce followed tech stocks, with Nasdaq 100 futures up 1.1%, snapping a weeklong 5.5% selloff, and an ETF tracking chipmakers jumping 3%. WTI crude recovered to $98.55 after touching $96.72, as the U.S. warned citizens across 12 Middle East locations of possible flight cancellations and airspace closures, raising fears of fresh strikes on Iran and disruption at the Strait of Hormuz. In Europe, the Stoxx 600 fell 0.8% after protests in France. Bitcoin would need to move through $84,000, its ceiling on October 13 and 14, to signal that the tech rebound is lifting it too.
- Baystreet . ca - When Might October Nasdaq Correction End ?
The Nasdaq Composite (QQQ ETF) is 6.96% below its 52-week high after falling 5.52% last week, close to the 10% threshold for a technical correction. The article says high oil prices, sustained by Iran's control of traffic through the Strait of Hormuz, keep September CPI and PPI rising, and that Iran wants higher oil prices to hurt the Republican Party before the midterm elections, so the correction in beaten-down stocks may continue. CoreWeave (CRWV) lost 25.21% last week, closing just 3% above its yearly low, while bears holding a 17% short float bet its $50 billion debt is unsustainable. Nebius (NBIS) fell 25% and Twilio (TWLO) dropped 15.6%, while Autodesk (ADSK), Salesforce (CRM) and Adobe (ADBE) drew buying. The article suggests volatility may ease after the midterms.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.