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Is AMD a good stock to buy?

The firm singled out AMD as one of the stocks it favors, along with Nvidia Corp. and Broadcom Inc. Still, the stock doesn’t exactly look like a bargain after recent gains. Shares trade at nearly 50 times estimated earnings, making it far more expensive than industry leader Nvidia, whose multiple is a relatively milder 32 times. What Bubble?

What did analysts expect from AMD's first quarter earnings?

Analysts expected sales of $922.6 million. Subscribe to the Yahoo Finance Tech newsletter. (Yahoo Finance) Chip giant AMD reported its first quarter earnings on Tuesday beating analysts' expectations on the top and bottom lines, but lighter-than-anticipated guidance for the next quarter sent the stock lower.

How much money did AMD make in Q1?

AMD reported gaming sales of $922 million in the quarter, shy of the $965.5 million analysts had anticipated. Embedded revenue came in at $846 million. Analysts expected sales of $922.6 million. Subscribe to the Yahoo Finance Tech newsletter. (Yahoo Finance)

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