Advanced Micro Devices Inc (AMD · NASDAQ)

AMD's June quarter showed accelerating momentum, with revenue of $11.54B up from $10.25B in March and net income of $2.30B, capping a year in which the company beat estimates in all four quarters, including a 22.96% beat in the most recent period. Trailing-twelve-month revenue stands at $41.31B, up 50.1% year over year, with earnings growth of 159.5% and free cash flow of $1.56B in the latest quarter against modest leverage of 0.4x debt/EBITDA. The stock closed at $512.50, up 1.6% on the day but down 7.1% over three months, trading 45.9% above its 200-day moving average and 11.8% below its 52-week high. Valuation remains demanding at a P/E of 126.68 and EV/EBITDA of 74.33, though a PEG of 0.502 reflects the pace of recent growth.