Joy34
08-13 01:06

$Advanced Micro Devices(AMD)$ AMD's forward PE for the next 12 months sits at 38X, and for calendar year 2027 it's 32X. Its main datacenter business, which now makes up over 50% of revenue, is growing well over 100% — and that might actually be understated. It's always a bit funny watching bearish forecasters who clearly haven't dug into the numbers properly. The longer-term question is whether $700-$1000 is probable by the end of 2027.

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