Advanced Micro Devices, Inc. (AMD): A Bull Case Theory

We came across a bullish thesis on Advanced Micro Devices, Inc. (AMD) on Substack by StockOpine. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc. (AMD)'s share was trading at $114.99 as of May 15^th. AMD’s trailing and forward P/E were 83.93 and 28.41 respectively according to Yahoo Finance.

AMD reported strong first-quarter 2025 results, beating analyst expectations with $7.44 billion in revenue—a 36% year-over-year increase—and non-GAAP EPS of $0.96, up 55%. Gross margin improved to 54%, driven by higher Data Center and Ryzen processor...