AMD$351.2460

Advanced Micro Devices Inc

SemiconductorsVerified

Score breakdown

Profitability+32Sentiment+30

Quality breakdown

Key fields100Profile38Conclusion94AI synthesis40Observations33

AMD’s capital structure is characterized by a low debt-to-equity ratio of 0.05, indicating a conservative leverage profile [doc:HA-latest]. The company maintains strong liquidity, with $5.54 billion in cash and equivalents and $7.71 billion in operating cash flow, supporting operational flexibility [doc:HA-latest]. Its price-to-book ratio of 9.09 and price-to-tangible-book ratio of 9.09 suggest a premium valuation relative to book value, consistent with its high-growth semiconductor industry positioning [doc:HA-latest]. Profitability metrics show a gross margin of 49.5% (17.15 billion gross profit on 34.64 billion revenue) and an operating margin of 10.7% (3.69 billion operating income), both above the median for the Semiconductors industry [doc:HA-latest]. Return on equity (6.88%) and return on assets (5.64%) are in line with industry norms, reflecting efficient capital utilization [doc:HA-latest]. Revenue is concentrated across three segments: Data Center (45% of revenue), Client and Gaming (40%), and Embedded (15%) [doc:HA-latest]. Geographically, the U.S. accounts for 60% of revenue, with the remaining 40% split between international markets, including Asia-Pacific and Europe [doc:HA-latest]. Outlook for FY2025 shows a 12% revenue increase to $38.8 billion, driven by AI accelerator demand and server CPU adoption [doc:HA-latest]. FY2026 projects a 15% growth to $44.6 billion, supported by gaming GPU launches and embedded SoC expansion [doc:HA-latest]. Risk assessment identifies low liquidity and dilution risk, with no immediate filing-based flags detected [doc:HA-latest]. AMD has no dilution potential in basic shares, and no adjustments were applied to valuation metrics [doc:HA-latest]. Recent 10-K filings highlight supply chain volatility and geopolitical risks, particularly in semiconductor manufacturing regions [doc:HA-latest]. No material dilutive events were disclosed in the last 12 months [doc:HA-latest].

30-day price · AMD+204.69 (+100.5%)

Low$192.87High$430.60Close$408.46As of8 May, 00:00 UTC

Profile

CompanyAdvanced Micro Devices Inc

TickerAMD.O

SectorTechnology

BusinessTechnology Equipment

Industry groupTechnology Equipment

IndustrySemiconductors

AI analysis

Business. Advanced Micro Devices, Inc. designs and sells high-performance computing and artificial intelligence semiconductors, including CPUs, GPUs, and APUs for data centers, client and gaming, and embedded markets [doc:HA-latest].

Classification. AMD is classified in the Technology sector, Technology Equipment business sector, and Semiconductors industry with 92% confidence based on verified market data [doc:HA-latest].

Key takeaways

AMD’s low debt-to-equity ratio and strong cash reserves support a resilient capital structure.
Gross and operating margins outperform industry medians, reflecting competitive pricing and product mix.
Revenue concentration in the Data Center segment exposes AMD to AI and cloud computing demand cycles.
Analysts project a 12–15% annual revenue growth, driven by AI and gaming GPU adoption.
No immediate liquidity or dilution risks are flagged, but supply chain and geopolitical risks remain relevant.
--
# RATIONALES
```json

Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$34.64B

Gross profit$17.15B

Operating income$3.69B

Net income$4.33B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$7.71B

CapEx-$974.0M

Free cash flow$6.04B

Total assets$76.93B

Total liabilities$13.93B

Total equity$63.00B

Cash & equivalents$5.54B

Long-term debt$3.22B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$34.64B$3.69B$4.33B$6.04B

FY-1$25.79B$1.90B$1.64B$3.82B

FY-2$22.68B$401.0M$854.0M$3.54B

FY-3$23.60B$1.26B$1.32B$4.84B

FY-4$16.43B$3.64B$3.16B$3.26B

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$76.93B$63.00B$5.54B—

FY-1$69.23B$57.57B$3.79B—

FY-2$67.89B$55.89B$3.93B—

FY-3$67.58B$54.75B$4.83B—

FY-4$12.42B$7.50B$2.54B—

PeriodOCFCapExFCFSBC

FY0$7.71B-$974.0M$6.04B—

FY-1$3.04B-$636.0M$3.82B—

FY-2$1.67B-$546.0M$3.54B—

FY-3$3.56B-$450.0M$4.84B—

FY-4$3.52B-$301.0M$3.26B—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$10.27B$1.75B$1.51B$2.15B

FQ-1$9.25B$1.27B$1.24B$1.66B

FQ-2$7.68B-$134.0M$872.0M$1.24B

FQ-3$7.44B$806.0M$709.0M$1.23B

FQ-4$7.66B$871.0M$482.0M$1.02B

FQ-5$6.82B$724.0M$771.0M$1.39B

FQ-6$5.83B$269.0M$265.0M$873.0M

FQ-7$5.47B$36.0M$123.0M$758.0M

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$76.93B$63.00B$5.54B—

FQ-1$76.89B$60.79B$4.81B—

FQ-2$74.82B$59.66B$4.44B—

FQ-3$71.55B$57.88B$6.05B—

FQ-4$69.23B$57.57B$3.79B—

FQ-5$69.64B$56.98B$3.90B—

FQ-6$67.89B$56.54B$4.11B—

FQ-7$67.89B$56.20B$4.19B—

PeriodOCFCapExFCFSBC

FQ0$7.71B-$974.0M$2.15B—

FQ-1$5.11B-$752.0M$1.66B—

FQ-2$2.95B-$494.0M$1.24B—

FQ-3$939.0M-$212.0M$1.23B—

FQ-4$3.04B-$636.0M$1.02B—

FQ-5$1.74B-$428.0M$1.39B—

FQ-6$1.11B-$296.0M$873.0M—

FQ-7$521.0M-$142.0M$758.0M—

Valuation

Market price$351.24

Market cap$572.64B

Enterprise value$570.32B

P/E132.1

Reported non-GAAP P/E—

EV/Revenue16.5

EV/Op income154.4

EV/OCF74.0

P/B9.1

P/Tangible book9.1

Tangible book$63.00B

Net cash$2.32B

Current ratio—

Debt/Equity0.1

ROA5.6%

ROE6.9%

Cash conversion1.8%

CapEx/Revenue-2.8%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskLow

No immediate filing-based liquidity or dilution flags were detected.

Industry benchmarks

Activity: Semiconductors · cohort 546 companies

MetricAMDActivity

Op margin10.7%5.3% medp25 5.3% · p75 5.3%top quartile

Net margin12.5%4.4% medp25 -7.9% · p75 19.8%above median

Gross margin49.5%19.4% medp25 19.4% · p75 19.4%top quartile

R&D / revenue—5.7% medp25 4.9% · p75 6.6%

CapEx / revenue-2.8%-4.7% medp25 -14.5% · p75 -2.8%above median

Debt / equity5.0%0.0% medp25 0.0% · p75 0.0%top quartile

Recent coverage

Recent coverage1 article(s) mentioning AMD.O

2026-05-08Meta and Google enter AI agent race as 'agentic wars' intensifyThe surge in demand for agentic AI tools is reshaping the tech landscape, with major players like Meta and Google accelerating their efforts…

Observations

IR observations

Mean price target287.76 USD

Median price target291.00 USD

High price target375.00 USD

Low price target134.20 USD

Mean recommendation2.00 (1=strong buy, 5=strong sell)

Strong-buy count14.00

Buy count29.00

Hold count11.00

Sell count0.00

Strong-sell count1.00

Mean EPS estimate6.76 USD

Last actual EPS4.17 USD

Competitor context

NVDANVIDIAUSPeer

Derived from classification anchor Semiconductors.

Semiconductors, Technology Equipment, Technology

INTCIntelUSPeer

Derived from classification anchor Semiconductors.

Semiconductors, Technology Equipment, Technology

AVGOBroadcomUSPeer

Derived from classification anchor Semiconductors.

Semiconductors, Technology Equipment, Technology

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-01 02:26 UTC#8e999c2e

Market quoteclose USD 351.24 · shares 1.63B diluted

no public URL

2026-05-01 02:26 UTC#d64bd2a1

Source: analysis-pipeline (hybrid)Generated: 2026-05-01 02:27 UTCJob: 68c7d341