Advanced Micro Devices

The "David vs. Goliath" AI Trade – Why Second Place is Worth Billions

Talos

Invested

Community Contributor

Published

02 Dec 25

Updated

04 Feb 26

Views

1.3k

04 Feb

US$447.58

Talos's Fair Value

US$441.58

1.4% overvalued

299.4%

0.5%

299.4%

0.5%

You can edit this narrative until Feb 5 9:55 AM. Then, changes will post as Updates.

Author's Valuation

US$441.581.4% overvalued

Talos's Fair Value

Shared on 04 Feb 26

Fair value Increased 6.03%

Nvidia is King, but AMD is Building a New Kingdom

AMD starts to look like more than a backup option to Nvidia, as it positions itself as a complete AI computing package by pairing its server chips with its AI chips. The idea is that fast-growing data-center demand and a lower total cost for big cloud customers could make AMD harder to replace—and leave room for more upside than the market expects.

325 views

Valuator

Company Info

Notes

Talos'sFair Value

US$441.58

1.4% overvalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

Decrease

Increase

Forecast revenue growth rate

26.76%

Historical revenue growth rate

16.90%

Semiconductors revenue growth rate

1.44%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

10.96%

Calculation

US$38.50b

Earnings '31

28.00x

PE Ratio '31

US$1.08t

Market Cap '31

US$1.08t

Market Cap '31

1.66b

No. shares '31

US$648.83

Share Price '31

US$648.83 Share Price '31

Discounted to 2026 @ 8.00% p.a.

US$441.58

Fair Value '26