AMD Stock— Advanced Micro Devices Inc. (NASDAQ: AMD) saw its stock dip slightly on Tuesday, closing at $122.08, down 0.95% from the previous session. The chipmaker’s stock opened at $124.44, touched a high of $124.47, and hit a session low of $121.66 amid broader market volatility.
Despite this minor setback, AMD has shown strong recent performance. Over the past month, the stock has gained nearly 11%, outperforming both the broader S&P 500 and the Computer and Technology sector. The surge comes as investors grow increasingly optimistic about AMD’s positioning in high-growth segments like data centers, AI computing, and gaming GPUs.
Still, concerns about long-term valuation and market competition linger. With a P/E ratio of 89.49 and a forward P/E of around 30.68, the stock trades at a premium compared to peers in the semiconductor space. AMD’s PEG ratio of 1.25 suggests it is priced reasonably relative to its expected earnings growth, but the stock remains volatile, reflecting investor caution amid shifting tech sector dynamics.
Year-to-date, AMD’s stock is up just 0.18%, and it has declined nearly 24% over the past 12 months. These mixed signals highlight the complex backdrop facing chipmakers, which includes ongoing supply chain recalibrations, fluctuating consumer demand, and the rising cost of competition in AI hardware development.
Looking ahead, investors are watching closely for AMD’s next earnings report. Analysts expect earnings per share of $0.56 on $7.41 billion in revenue for the upcoming quarter—a 27% revenue jump from the same quarter last year, but a nearly 19% drop in EPS, reflecting tightening margins or increased R&D investment. For the full year, consensus estimates point to $3.97 EPS on $31.78 billion in revenue, signaling confidence in AMD’s long-term trajectory.
While short-term volatility is likely to persist, AMD’s consistent innovation and expansion into next-gen processing and AI platforms keep it on the radar for both growth-focused and tech-sector investors. As the market digests upcoming earnings and tech roadmap updates, AMD’s ability to deliver on its ambitions will be key to sustaining investor momentum.