AMD Stock: Last-Minute Buy Before August 5 Earnings—Genius or Gamble?

AMD's earnings drop August 5—and the market's already pricing in another AI hype cycle. But here's what the charts won't tell you.

The Lisa Su Effect

CEO Lisa Su turned AMD from bankruptcy candidate to chip powerhouse. Now, with MI300X GPUs eating Nvidia's lunch in AI data centers, the stock's up 90% YTD. Street consensus? 'Buy.' As if they'd ever say otherwise.

The Bear Case Wall Street Ignores

Inventory bloat in PC chips. Xilinx integration costs biting into margins. And let's not pretend another 'beat and raise' quarter isn't already priced in—AMD trades at 35x forward earnings. Tesla territory.

Final Call

This isn't investing. It's betting on whether Su can outmaneuver Jensen Huang again while Intel fumbles. Your move—just remember: the 'smart money' sold Netflix at $7 in 2002.