AMD's growth worries should ease after BofA raised its EPS estimate by 34%, to about 4x current levels, which also addresses concern that the stock trades at a premium. x.com 

AMD and Intel look expensive only if agentic AI fails to accelerate CPU demand, and sell-side estimates probably do not yet capture all of that acceleration. AMD trades at 58x and Intel at 68x NTM EPS, with the sell side modeling EPS CAGRs through CY2029 of 66% and 82%. Beating CY2029 estimates of $31.50 and $4.75 by 30-40% would lift those CAGRs to about 78% and 97%. Despite frothy multiples, that EPS growth is hard to argue with. x.com 

AMD is no longer cheap after surpassing the $600 base case originally set for 2029 while it is still 2026. At a 55x forward P/E the market is paying up for its big growth, even though consistent beats and sharply raised long-term guidance show the model working and analysts likely still underestimate its earnings power. It is a hold here, not a buy. x.com 

AMD posted excellent results and still has a long way to run. x.com 

AMD's growth runway may be much larger than investors realize, as agentic AI drives a surge in server compute. Management now sees the server CPU market growing 35%+ annually through the decade, surpassing $120B by 2030, because AI agents mean more inference, orchestration, memory movement and server-side processing. Lisa Su reiterated the path to $20+ EPS. AMD looks like it is just getting started, though some trimming toward SoFi, Hims and Oscar is under consideration. x.com  x.com 

AMD's stock has outrun its fundamentals, leaving it a bad investment at today's price despite an extremely bullish long-term outlook for the business. From April 2025 to September 2026, AMD rose 8x while revenue grew 55%; Nvidia rose 2.4x while revenue grew 118%. AMD had previously lagged despite improving fundamentals, but the market's catch-up went too far. Its risk/reward is no longer what it was at roughly 20x forward earnings in 2025; a crash could make it attractive again. x.com  x.com 

AMD could more than double on Wells Fargo's earnings outlook. Wells Fargo believes AMD can compound EPS 62% a year through 2028; even if the valuation multiple halves, that implies a 173% return. x.com 

Nvidia offers better risk/reward than AMD because the growth gap between them is small while the valuation gap is wide. Nvidia is expected to grow earnings about 45% a year through 2028 versus about 43% for AMD, yet trades near 15x 2028 earnings against AMD's 30x. AMD is still liked long term, and MI450 and Helios could be huge and win it share, but the market already prices in much more of that upside. Nvidia's estimates can also keep rising, at larger scale and with stronger margins. x.com  … Show more

AMD's fundamentals are very strong, but about 50x 2028 estimated earnings is a price that cannot be normalized for any company, under an investment philosophy that may be wrong. Per PrivPubInvestor, the stock rose from $450 to almost $650 in two weeks on CPU demand, analyst price-target hikes, new partnerships and the Helios rollout. x.com  x.com 

AMD is on the buy list after solid Q2 earnings, with its Helios system on time for a second-half release. x.com