{"id":1633,"date":"2025-07-29T16:42:38","date_gmt":"2025-07-29T16:42:38","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2025\/07\/29\/amd-stock-is-finally-giving-nvidia-a-run-for-its-money-find-out-more\/"},"modified":"2025-07-29T16:42:38","modified_gmt":"2025-07-29T16:42:38","slug":"amd-stock-is-finally-giving-nvidia-a-run-for-its-money-find-out-more","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2025\/07\/29\/amd-stock-is-finally-giving-nvidia-a-run-for-its-money-find-out-more\/","title":{"rendered":"AMD stock is finally giving Nvidia \u2018a run for its money\u2019: find out more"},"content":{"rendered":"<div><\/div>\n<p>Advanced Micro Devices Inc (NASDAQ: AMD) has already rallied nearly 30% since early April but Rober Schein \u2013 the chief investment officer of Blanke Schein Wealth Management believes the AI stock is not done pleasing its shareholders just yet.<\/p>\n<p>In a CNBC interview this morning, Schein dubbed AMD stock a \u201ctop pick\u201d for those interested in betting on continued robust demand for artificial intelligence over the next 12 months.<\/p>\n<p>Note that <a href=\"https:\/\/invezz.com\/news\/2025\/07\/28\/amd-stock-hits-new-52-week-high-today-heres-why-aug-5-is-crucial\/\">AMD shares\u2019 meteoric rally<\/a> in recent months has pushed it all the way back to near its all-time high of over $200 in early 2024.<\/p>\n<h2 class=\"wp-block-heading\">AMD stock is not inexpensive to own<\/h2>\n<p>AMD is not an inexpensive stock to own following its explosive move to the upside since April 8.<\/p>\n<p>It\u2019s currently going for a forward price-to-earnings multiple of nearly 54, sharply higher than about 43 on Nvidia at the time of writing, according to data from Barchart.<\/p>\n<p>Still, Robert Schein recommends looking beyond valuation and buying AMD stock at the current level as \u201cvaluation is a terrible tool for trading.\u201d<\/p>\n<p>The market expert remains bullish on Advanced Micro Devices for the long-term, mostly because it\u2019s fast-emerging as a serious competitor to the space leader \u2013 Nvidia Corp (NASDAQ: NVDA).<\/p>\n<h2 class=\"wp-block-heading\">AMD shares could benefit from pricing power<\/h2>\n<p>Schein is convinced that AMD\u2019s latest accelerator, the MI350, is building a name for itself as a true rival to Nvidia\u2019s Blackwell series of AI chips.<\/p>\n<p>According to the chief investment officer, the Nasdaq listed firm has the power to significantly lift prices of its artificial intelligence offering without seeing a major decline in demand.<\/p>\n<p>\u201cThey increased it 7% on pricing power alone. They went from 15,000 per chip to 25,000. That\u2019s going to take their creative earnings right to the bottom line,\u201d <a href=\"https:\/\/www.youtube.com\/watch?v=dxZd9uMVync\" target=\"_blank\" rel=\"noreferrer noopener\">he told CNBC on Tuesday<\/a>.<\/p>\n<p>He\u2019s positive on AMD shares also because the company\u2019s most sophisticated AI accelerators have already secured mega-cap names, including Microsoft and Meta Platforms, as customers.<\/p>\n<h2 class=\"wp-block-heading\">AMD is evolving into a true Nvidia rival<\/h2>\n<p>In May, Advanced Micro Devices guided for better-than-expected $7.4 billion in sales in its current financial quarter \u2013 indicating continued demand for its AI chips.<\/p>\n<p>On \u201cWorldwide Exchange\u201d, Robert Schein said it means the \u201cAI space is live, well, and strong.\u201d<\/p>\n<p>Investors should also note that AMD stock stands to benefit as the Trump administration adjusts its policies to enable chipmakers to resume their business with China in the second half of 2025.<\/p>\n<p>All in all, Schein remains constructive on the AI stock as it\u2019s finally starting to give Nvidia \u201ca run for its money.\u201d<\/p>\n<p>That said, the stretched valuation is not as negligible for the Wall Street firms as it is for the Blanke Schein Wealth Management\u2019s chief investment officer.<\/p>\n<p>While the consensus rating on AMD shares remains at \u201cmoderate buy\u201d, analysts currently have a mean target of about $149 on the chipmaker, which translates to over 15% potential downside from current levels.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/07\/29\/amd-stock-is-finally-giving-nvidia-a-run-for-its-money-find-out-more\/\">AMD stock is finally giving Nvidia &#8216;a run for its money&#8217;: find out more<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advanced Micro Devices Inc (NASDAQ: AMD) has already rallied nearly 30% since early April but Rober Schein \u2013 the chief investment officer of Blanke Schein Wealth Management believes the AI stock is not done pleasing its shareholders just yet.In a CNBC interview this morning, Schein dubbed AMD stock a \u201ctop pick\u201d for those interested in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=1633"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/1634"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=1633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=1633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=1633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}