AMD's third-quarter revenue reached $13.4 billion, up 45% year over year; data center revenue was $8.5 billion, up 97%; and non-GAAP earnings per share were $2.09, up 74%.
The numbers are certainly impressive, but the problem is that the market has long since priced the “AI’s second supplier” story into the stock. Is AMD genuinely chipping away at Nvidia’s moat, or is it temporarily winning orders thanks to an industry-wide compute shortage? There can’t be a permanent second-place player in AI chips, but a high valuation requires continued outperformance.
$AMD #AI芯片 #英伟达 #AMD超预期大涨，AI叙事延续？
The numbers are certainly impressive, but the problem is that the market has long since priced the “AI’s second supplier” story into the stock. Is AMD genuinely chipping away at Nvidia’s moat, or is it temporarily winning orders thanks to an industry-wide compute shortage? There can’t be a permanent second-place player in AI chips, but a high valuation requires continued outperformance.
$AMD #AI芯片 #英伟达 #AMD超预期大涨，AI叙事延续？
