AMD shares are up 156.42% year to date, versus 18.43% for NVIDIA. Second-quarter revenue reached $11.54 billion, up 50.11%, with Data Center revenue up 107% to $6.72 billion and third-quarter revenue guidance of about $13 billion. The 24/7 Wall St. 12-month price target is $546.06, compared with the latest close of $539.43, and its model gives a hold rating. The optimistic scenario points to $689.35 and the bear case to $433.06. Points of concern include a trailing P/E of 201x, a 31% decline in gaming revenue, and a non-GAAP gross margin of 56% against NVIDIA's 75%.
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