AMD: Why P/E 100 Isn't As Crazy As It Seems

Company Overview - Advanced Micro Devices (AMD) is currently valued at $263 billion with a share price of $151 [1] - The estimated revenue for AMD this year is $29 billion, while the profit is projected to be $2.8 billion [1] Financial Metrics - The price-to-earnings (P/E) ratio for AMD is implied to be high given its current valuation compared to its revenue and profit figures [1]