Advanced Micro Devices Inc (AMD · NASDAQ)

AMD shares closed at $516.79, up 1.7% on the day but down 18.1% over the past month, leaving the stock 20.4% below its 52-week high with an RSI of 27 and a 12% discount to its 20-day moving average. Fundamentals remain strong: the June quarter delivered $11.54B in revenue (up from $10.25B in March) with $2.30B in net income, and the company has beaten EPS estimates in all four of its last reports, including a 23% beat in the most recent quarter. Revenue grew 50.1% year over year with earnings up 159.5%, while the balance sheet shows $5.09B in cash against $4.28B in total debt and a 0.4x debt/EBITDA ratio. Valuation is demanding at a 129.57 P/E and 92.79 EV/EBITDA, though the PEG of 0.626 reflects the pace of growth, and the analyst target sits at $637.61.