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January 28, 2024 11 mins

AMD stock has had an amazing few months; the stock is up over 25% since starting the year and over 140% in the past year, thanks to the excitement for the MI300X, its AI chip, which is set to grab market share from Nvidia. Well AMD is scheduled to report earnings on Tuesday after the market closes. Now it’s time to see if this excitement is pure speculation or will its results show that this semiconductor giant deserves its forward pe ratio of over 35. 

A portion of this video is sponsored by The Motley Fool. 
Visit https://fool.com/jose to get access to my special offer. The Motley Fool Stock Advisor returns are 545% as of 1/18/2024 and measured against the S&P 500 returns of 138% as of 1/18/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

I have a position in $NVDA $AMD

DISCLAIMER: I am not a financial advisor.  All content provided on this channel, and my other social media channels/videos/podcasts/posts, is for entertainment purposes only and reflects my personal opinions.  Please do your own research and talk with a financial advisor before making any investing decisions. 

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