Search results
Results from the WOW.Com Content Network
Image source: Getty Images. Valuation and verdict. From a valuation perspective, AMD is a modestly cheaper stock, trading at a forward price-to-earnings (P/E) ratio of 24 compared to nearly 31 for ...
A lot is going right for Advanced Micro Devices (NASDAQ: AMD) right now. The gaming business is another story. AMD's gaming revenue crashed 69% year over year in the third quarter of 2024 to just ...
Ironically, AMD stock trades at a P/S ratio of 8.1 today, a far lower valuation than in early 2024, when growth was nowhere close to 27%. It's also roughly just a quarter of Nvidia's valuation.
The lineup, designed to compete with AMD's Radeon RX 6000 series of cards, consists of the entry-level and previously laptop-exclusive RTX 3050 and laptop-exclusive RTX 3050 Ti, mid-range RTX 3060, upper-midrange RTX 3060 Ti, high-end RTX 3070, RTX 3070 Ti, RTX 3080 10 GB, RTX 3080 12 GB and enthusiast RTX 3080 Ti, RTX 3090, and RTX 3090 Ti ...
In contrast, AMD has become known for catching up to its competitors technically, and it is again attempting to do so in the AI accelerator market. Better Artificial Intelligence Stock: Nvidia vs. AMD
AMD stock is up by just 7% year to date, while Nvidia's has jumped 125%. Moreover, history doesn't bode well for AMD when it comes to its efforts to compete against Nvidia in AI.
AMD announced to investors their intention to achieve a performance-per-watt uplift of over 50% with RDNA 3 and that the upcoming architecture would be built using chiplet packaging on a 5 nm process. [2] A sneak preview for RDNA 3 was included towards the end of AMD's Ryzen 7000 unveiling event on August 29, 2022.
At the time of this writing, AMD trades at a forward price-to-earnings (P/E) multiple of 29. By comparison, Nvidia's forward P/E ratio is currently 34. By comparison, Nvidia's forward P/E ratio is ...