Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products. It provides processors under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, and AMD PRO A-Series brand names; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; and professional graphics under the AMD Radeon Pro graphics brand name. In addition, the company offers data center graphics under the Radeon Instinct and Radeon PRO V-series brands, as well as servers under the AMD Instinct accelerators brand; server microprocessors under the AMD EPYC brands; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo brand. It serves original equipment and design manufacturers, public cloud service providers, system integrators, independent distributors, and add-in-board manufacturers through its direct sales force, and sales representatives. Advanced Micro Devices, Inc. was incorporated in 1969 and is headquartered in Santa Clara, California.

Advanced Micro Devices, Inc.

(RTTNews) - Advanced Micro Devices (AMD) and the U.S. Department of Energy (DOE) on Tuesday announced partnership to develop two next-generation supercomputers — Lux and Discovery — at Oak Ridge National Laboratory (ORNL).
Together, the systems represent a $1 billion public-private investment aimed at advancing U.S. leadership in artificial intelligence (AI) and high-performance computing (HPC).
The Lux AI system, developed by ORNL, AMD, Hewlett Packard Enterprise (HPE), and Oracle Cloud Infrastructure (OCI), will launch in 2026 as the first U.S. AI Factory supercomputer. Powered by AMD Instinct MI355X GPUs, EPYC CPUs, and Pensando networking, Lux will expand the DOE's AI capabilities and drive innovation in energy, medicine, materials, and advanced manufacturing.
Discovery, built by DOE, ORNL, HPE, and AMD, uses AMD EPYC "Venice" CPUs and Instinct MI430X GPUs, is designed for sovereign AI and scientific computing.
"Discovery and Lux will leverage AMD's high-performance and AI computing technologies to advance the most critical U.S. research priorities in science, energy, and medicine - demonstrating the power of public-private partnership at their best," said Lisa Su, chair and CEO, AMD.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AMD, U.S. Energy Department Partner On $1 Bln AI Supercomputer Project At Oak Ridge

Key Points
AMD is enjoying strong momentum heading into its next earnings report in early November.
AMD’s MI450 Instinct chips launching next year are a major growth catalyst.
Share prices of Advanced Micro Devices (NASDAQ: AMD) soared to new highs recently on news of a transformative deal to supply chips for ChatGPT maker OpenAI. The surge in the share price comes ahead of the company's upcoming third-quarter earnings report, expected on Nov. 4.
Quarterly earnings reports can cause volatility in the share price, but investors will be looking ahead to what management sees coming in 2026. Here's what you need to know to decide whether to buy now or wait until after the earnings news.
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Growing demand for data center capacity is good for AMD
The OpenAI deal is another signal that demand for AI is accelerating. Alphabet's Google and others are also investing heavily to secure more data center capacity. As one of the top suppliers of chips for data centers, AMD is enjoying positive investor sentiment around these developments.
While the OpenAI deal puts AMD in a solid position for long-term growth in its data center business, the share price is significantly more expensive relative to the company's earnings than it was a few months ago. It is trading at 63 times 2025 earnings estimates, compared to about 40 before the news.
But this is the time of year when Wall Street starts looking ahead to next year's earnings estimates. AMD is expected to see an acceleration in earnings in 2026 from demand for its data center chips. Using 2026 consensus estimates brings the stock's forward (1-year) price-to-earnings multiple down to a more reasonable 40.
AMD's MI450 Instinct graphics processing units (GPUs) are a major growth catalyst. The stock could double in the next three years based on the consensus estimate calling for annualized earnings growth of 39%. Attractive growth prospects in the AI chip market make the stock a solid long-term buy.
Should you invest $1,000 in Advanced Micro Devices right now?
Before you buy stock in Advanced Micro Devices, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $590,357!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,141,748!*
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John Ballard has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices and Alphabet. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Should You Buy Advanced Micro Devices Stock Before Nov. 4?

Key Points
Advanced Micro Devices is positioning itself for accelerating growth in its data center chip business.
Better-than-expected demand for the iPhone 17 says a lot about Apple's competitive advantage.
The trade war between China and the U.S. has brought volatility back to the markets just in time for the holidays, but one of the best sectors to consider for investments continues to be technology.
Shares of leading tech companies are still showing relative strength and strong demand for their products. The following stocks recently surged to new all-time highs and would still make solid buys heading into 2026.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
1. Advanced Micro Devices
Advanced Micro Devices (NASDAQ: AMD) is right in the thick of growing demand for chips needed for artificial intelligence (AI). This isn't completely reflected in its earnings results yet, but recent developments are pointing to accelerating revenue in AMD's data center business next year that could send the stock to new highs.
Building on the recent deal to supply six gigawatts of chips for OpenAI starting next year, AMD is positioned to generate tens of billions of dollars in data center sales in the coming years. Its data center business grew 14% year over year in second-quarter 2025, hauling in $3.2 billion of revenue.
OpenAI will be using AMD's upcoming MI450 graphics processing units (GPUs) launching next year. This deal, along with sales contributions from AMD's new "Helios" AI rack powered by 72 MI450 GPUs, should make 2026 a breakout year for AMD.
2. Apple
Apple (NASDAQ: AAPL) has been lagging behind its Magnificent Seven peers in the AI race. The iPhone maker has reported lackluster sales growth over the past year. Despite the lack of near-term catalysts in AI, Apple shares are sitting close to new all-time highs. This is sending investors a bullish signal about Apple's prospects.
While Apple Intelligence wasn't the AI splash that investors were hoping for, recent sales of the new iPhone 17 show that Apple still knows how to sell millions of devices. The new releases are driving higher sales than last year's iPhone 16, according to analysts, which has boosted the share price.
The strong sales of the iPhone 17 are a reminder that Apple didn't build its brand on cutting-edge technology, but on the experience of using its devices. Its competitive advantage is the seamless integration of hardware and software, and, importantly, Apple's privacy-focused features like Private Cloud Compute.
Apple stock is not cheap relative to its earnings, but it's got valuable advantages built around customer loyalty, a robust ecosystem of services, and brand power. Apple could surprise investors in AI, so I would rather be buying the stock now than later.
Should you invest $1,000 in Advanced Micro Devices right now?
Before you buy stock in Advanced Micro Devices, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $590,357!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,141,748!*
Now, it’s worth noting Stock Advisor’s total average return is 1,033% — a market-crushing outperformance compared to 193% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 27, 2025
John Ballard has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices and Apple. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

2 Top Tech Stocks to Buy for 2026

Monolithic Power Systems, Inc. MPWR is set to release third-quarter 2025 results on Oct. 30, after the closing bell. It delivered a four-quarter earnings surprise of 1.9%, on average, beating estimates on each occasion. In the last reported quarter, the company pulled off an earnings surprise of 2.2%.
This Kirkland, WA-based company is likely to have recorded higher revenues in the to-be-reported quarter, driven by solid traction in several verticals. Management’s effort to expand and diversify its product portfolio is a positive factor.
Factors at Play for MPWR’s Q3 Earnings
Monolithic Power has been benefiting from healthy traction in the Automotive vertical. Growing usage of IoT and AI applications has been driving demand for Monolithic Power’s analog ICs and sensors. Its deep-rooted partnerships with leading auto suppliers are a tailwind. Apart from automotives, Monolithic Power’s strong focus on innovation has been opening up new opportunities in data centers, building automation, medical and audio verticals. Strong demand for memory and notebook solutions is expected to have driven growth in the Storage and Computing segment.
During the quarter, the company collaborated with ECARX Holdings Inc. to establish a global supply chain and intelligent industrial ecosystem spanning system integration, platform adaptation and delivery. Per the agreement, both companies will work in unison in the automotive and embodied intelligence sectors to reduce development cycles and accelerate time-to-market for customers. Leveraging its global research and development, supply and engineering support systems, the partnership further aims to deploy ECARX's intelligent automotive and embodied intelligence solutions in industrial automation, telecommunications, cloud computing, automotive intelligence and consumer electronics.
Monolithic Power has been actively investing in cutting-edge technology advancements, venturing into new growth markets and diversifying portfolio offerings. The company is also actively working to enhance resiliency across its global supply chain. Its local manufacturing for local customers approach and augmenting manufacturing footprint worldwide has reduced exposure to tariffs and other geopolitical and macroeconomic volatility. These factors are expected to have had a favorable impact on the third-quarter earnings.
For the September quarter, the Zacks Consensus Estimate for revenues is pegged at $721 million, indicating an increase from $620 million reported in the year-ago quarter. The consensus estimate for adjusted earnings per share is pegged at $4.62, implying growth from $4.06 reported in the prior-year quarter.
Earnings Whispers
Our proven model predicts an earnings beat for Monolithic Power for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is perfectly the case here.
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is +0.77% with the former pegged at $4.66 per share and the latter at $4.62. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Monolithic Power carries a Zacks Rank #2.
Monolithic Power Systems, Inc. Price and EPS Surprise
Other Stocks to Consider
Here are some companies you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat this season:
Advanced Micro Devices, Inc. AMD is set to release quarterly numbers on Nov. 4. It has an Earnings ESP of +0.18% and carries a Zacks Rank #3.
The Earnings ESP for Fortinet, Inc. FTNT is +4.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Nov. 5.
The Earnings ESP for Qualcomm Incorporated QCOM is +1.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Nov. 5.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Can Higher Revenues Benefit Monolithic Power's Q3 Earnings?

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.
The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what are today's hottest industries.
It also includes the Focus List, a long-term portfolio of top stocks that have all the elements to beat the market.
Breaking Down the Zacks Focus List
Building an investment portfolio from scratch can be difficult, so if you could, wouldn't you take a peek at a curated list of top stocks?
That's what the Zacks Focus List offers. It's a portfolio of 50 stocks that serve as a starting point for long-term investors to build their individual portfolios. The stocks included in the list are set to outperform the market over the next 12 months.
One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. This helps explain why each stock was selected and why we believe it's a good pick for the long-term.
The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021.
Focus List Methodology
When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.
Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.
Investors also need to look at what a company will earn down the road. This is why earnings estimate revisions are so important.
The stocks that receive positive changes to earnings estimates are more likely to receive even more upward changes in the future. Take this example: if an analyst raised their estimates last month, they'll probably do so again this month, and other analysts will follow.
Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio.
There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Each one of these features is then given a raw score that's recalculated every night and compiled into the Rank. Using this data, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell."
The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum.
Focus List Spotlight: Advanced Micro Devices (AMD)
Advanced Micro Devices has strengthened its position in the semiconductor market on the back of its strong product portfolio. Santa Clara, CA-based AMD generated revenues of $25.79 billion in 2024. The company reports operations under four segments – Data Center, Client, Gaming, and Embedded – which accounted for 48.7%, 27.4%, 10.1% and 13.8% of revenues, respectively.
Since being added to the Focus List on May 19, 2025 at $117.17 per share, shares of AMD have increased 115.86% to $252.92. The stock is currently a #3 (Hold) on the Zacks Rank.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.01 to $3.93. AMD also boasts an average earnings surprise of 2.1%.
Earnings for AMD are forecasted to see growth of 18.7% for the current fiscal year as well.
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Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Advanced Micro Devices (AMD) is a Top Stock for the Long-Term

Key Points
The demand for chips to support AI infrastructure could be a $500 billion opportunity, and AMD is well-positioned to benefit from this growth.
AMD’s Instinct GPUs are designed for performance leadership in AI inference workloads.
After a steep slide earlier this year, shares of Advanced Micro Devices (NASDAQ: AMD) have rebounded strongly in the second half. The stock had already been on the rise for months when it jumped sharply in October after news broke of the chipmaker's deal to supply ChatGPT maker OpenAI with 6 gigawatts worth of Instinct graphics processing units (GPUs) starting next year.
With all those gains in the rear-view mirror, some investors might wonder if AMD stock is still a good investment. CEO Lisa Su might have answered that question on the company's Oct. 6 conference call to discuss the OpenAI deal.
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"Artificial intelligence (AI) is the most transformative technology of the last 50 years, and we are in the very early stages of the largest deployment of compute capacity in history," Su said during that call.
It's clear she believes that this is just the beginning of a long-term spending cycle in AI infrastructure that could fuel impressive growth for its business.
A $500 billion addressable market
The deal with OpenAI shows AMD is competitively positioned to benefit from the buildout of new data centers to support growing demand for AI services like ChatGPT. OpenAI already has over 700 million weekly users, and that figure will likely grow into the billions, considering how powerful these AI models are becoming.
The demand for the high-end chips needed to support the growth in AI infrastructure could be a $500 billion opportunity, based on AMD's previous estimate for its long-term addressable market. AMD has seen firsthand from its internal use the improvements AI can bring to coding and other tasks, and it has only been a few years since the AI wave started.
AMD's data center revenue reached $3.2 billion last quarter, representing growth of 14% from the year-ago quarter. Not only is it benefiting from GPU demand, but it also posted record sales of its EPYC central processing units (CPUs), thanks to high demand from cloud computing and enterprise customers.
Moreover, investors should expect AMD's data center business, which provided 42% of its total revenue last quarter, to grow at an accelerating rate over the next year. OpenAI's demand will obviously be a catalyst, but other leading tech companies, including some of the Magnificent Seven, also use AMD's chips.
AMD's earnings expected to soar
AMD will enjoy a fresh competitive advantage as the bulk of AI workloads shift from training to inferencing, in which developed models make predictions from new data. AMD designed its Instinct line of GPUs to offer performance leadership in AI inference. Its chiplet architecture will not only provide performance boosts for inference workloads, but importantly, will allow AMD to rake in huge profits.
As AMD's data center revenue picks up, analysts expect its earnings per share to grow at an annualized rate of 39% over the next several years. Even after the recent rise in the stock, it trades at just 37 times next year's estimated earnings. That is still reasonable relative to its underlying growth in earnings, which leaves the stock in a good position to deliver more gains over the next few years.
Should you invest $1,000 in Advanced Micro Devices right now?
Before you buy stock in Advanced Micro Devices, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $590,357!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,141,748!*
Now, it’s worth noting Stock Advisor’s total average return is 1,033% — a market-crushing outperformance compared to 193% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 20, 2025
John Ballard has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

1 Incredible Reason to Buy Advanced Micro Devices (AMD) Stock in November

Motorola Solutions, Inc. MSI is scheduled to report third-quarter 2025 results on Oct. 30, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 6.2%. It pulled off a trailing four-quarter earnings surprise of 6.8%, on average.
The Chicago, IL-based company is expected to have recorded year-over-year higher revenues on the back of growth in both segments — Products and Systems Integration and Services and Software. It benefits from the increasing demand for its mission-critical technologies in North America and globally.
Factors at Play
During the to-be-reported quarter, Motorola announced that its AI-powered video security and access control solutions were deployed in the University of Palermo. Designed to proactively detect potential threats, automatically alert security personnel and lock down physical access to classrooms and campus facilities, the solutions help to protect countless students, teachers and staff throughout the college’s campus. This is likely to have generated incremental revenues during the quarter.
In the quarter, Motorola launched Inform – an AI-assisted incident response solution across on-premise, cloud-based and other third-party security deployments. It helps security teams identify and respond to complex threats by intelligently grouping multiple, seemingly disparate events into a single, actionable incident, as security enterprises are placing strong emphasis on strengthening their overall security ecosystems. This is driving demand for advanced communication devices from Motorola, likely translating into higher revenues for the quarter.
During the quarter, Motorola announced that the São Paulo Subway has implemented its P25 land mobile radio (LMR) communication system to provide reliable coverage for a faster response to incidents, better operational coordination and increased safety for riders and staff. The company launched the WAVE PTX communication solution in the Dominican Republic and Peru. This broadband push-to-talk (PTT) subscription service allows business enterprises to instantly connect with different work teams for seamless operations. These are likely to be reflected in the upcoming quarterly results.
During the third quarter, Motorola collaborated with Nokia to develop a next-generation, containerized, tactical communications network solution for U.K. defense agencies. The modular system leverages the Terrestrial Trunked Radio (TETRA) infrastructure of Motorola and Nokia's 5G AirScale portfolio for reliable and secure voice and data communications on the front lines. The TETRA LMR network was also deployed across Poland to support critical communications and grid resiliency for homes, businesses, schools and hospitals.
Riding on such state-of-the-art products, Motorola expects to record strong demand across video security and services, LMR products and related software while benefiting from a solid foundation. These systems drive the demand for additional device sales and promote software upgrades and infrastructure expansion. The comprehensive suite of services ensures continuity and reduces risks related to critical communications operations. These developments are expected to have positively impacted its performance in the second quarter.
The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1.85 billion. The figure indicates a rise from $1.78 billion recorded in the year-ago quarter. Our estimate for revenues from this segment is $1.85 billion, implying 3.7% year-over-year growth. The Zacks Consensus Estimate for the Services and Software segment’s revenues is pegged at $1.15 billion, up from $1.01 billion recorded in the year-earlier quarter. Our estimate for revenues from this segment is $1.14 billion, suggesting 13.2% year-over-year growth.
For the September quarter, the Zacks Consensus Estimate for revenues is pegged at $2.99 billion, which indicates growth from the year-ago quarter’s reported figure of $2.79 billion. The consensus estimate for adjusted earnings per share is $3.85, which suggests an increase from $3.74, driven by top-line growth.
Earnings Whispers
Our proven model does not predict an earnings beat for Motorola for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here.
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00% with both pegged at $3.85 per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Motorola carries a Zacks Rank #2.
Motorola Solutions, Inc. Price and EPS Surprise
Stocks to Consider
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
Advanced Micro Devices, Inc. AMD is set to release quarterly numbers on Nov. 4. It has an Earnings ESP of +0.18% and carries a Zacks Rank #3.
The Earnings ESP for Fortinet, Inc. FTNT is +4.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Nov. 5.
The Earnings ESP for Qualcomm Incorporated QCOM is +1.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Nov. 5.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Can Healthy Top-Line Improvement Aid Motorola's Q3 Earnings?

How Investing Has Changed in the Last 5 Years

Key Points
It's working with OpenAI to improve AMD's software, which controls its GPUs.
AMD only needs to capture some market share to be a winning stock pick.
But investors will also want to factor in the chipmaker's current valuation.
Advanced Micro Devices (NASDAQ: AMD) hasn't fared well in the artificial intelligence (AI) race so far. It has been beaten out by one of its rivals, Nvidia (NASDAQ: NVDA). Nvidia has captured a huge chunk of the AI computing market, with AMD only being around as a much cheaper alternative. Almost nobody was using AMD's platform.
But all that changed with the OpenAI partnership announced a few weeks ago. This announcement gave AMD a huge vote of confidence from one of the leading generative AI players, and could have a massive effect on AMD's business. But is this enough to transform AMD into the next Nvidia in 2026?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
AMD needs better software to match Nvidia's performance
One of the reasons why Nvidia established such a massive lead over AMD is its technology stack. While Nvidia makes graphics processing units (GPUs) that are arguably better than what AMD has offered to date, this will always be a point of contention. What isn't a point of contention is Nvidia's software, which allows GPUs to achieve better performance. Nvidia's CUDA software was one of the primary reasons for its success, and AMD will need to create something to rival it.
AMD's current alternative is ROCm, but it hasn't had nearly the same success as CUDA. However, OpenAI and AMD are partnering to improve this software, which could boost AMD's market position. AMD's products are known to be cheaper than Nvidia's, and if AMD can close the gap with operating software, it could be a viable alternative to Nvidia's products.
Time will tell how this partnership pans out, but if it works, AMD has a ton of business to steal from Nvidia.
AMD needs to win new business to fuel its growth
AMD and Nvidia are on two separate quarterly calendars, with AMD operating on the standard calendar and Nvidia operating one year ahead. Although this messes with some dates, the results reported are within one month of each other, so they're close enough for comparison purposes. In second-quarter its fiscal 2026 (ended July 27), Nvidia's data center business generated $41.1 billion in revenue, up 56% year over year. This trounced AMD's data center performance, which only saw 14% year-over-year growth to $3.2 billion.
AMD doesn't need to steal any of Nvidia's current AI business to be successful, either. Nvidia projects that global data center capital expenditures will reach $600 billion this year, but end up at $3 trillion to $4 trillion by 2030. That's a huge amount of growth still to come if Nvidia is right, and if AMD can win 20% of new business instead of the less than 10% it has recently won, it could easily outgrow Nvidia based on its smaller starting point.
This is a key part of the analysis of Nvidia vs. AMD. AMD doesn't necessarily need to be better than Nvidia. It just needs to be better than it has been in the past. If AMD can deliver strong growth thanks to its innovative technology stack, it could turn into one of the best-performing stocks in the market. The only problem is that AMD's stock has already baked in this growth.
AMD's stock is already anticipating big wins
During Nvidia's run starting in 2023, it has never traded for more than 50 times forward earnings. However, following the OpenAI partnership announcement, AMD is already valued at 60 times forward earnings and doesn't have any growth to show for it.
When real money starts getting spent and we see this affect AMD's finances, I'll convert into a believer in AMD's stock. It may be several quarters before we see this happen, although AMD could report some positive news when it announces third-quarter earnings on Nov. 4.
With how highly valued the stock is, I think investors are OK being patient and waiting to take a position until after Q3 results are reported. There's a lot of hype surrounding AMD's stock and what it could look like a few years from now. But until actual results are experienced, I'm not confident in proclaiming AMD the next Nvidia. Nvidia is still the leader in this race by far.
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Keithen Drury has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.
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Could AMD Be the Nvidia of 2026?

U.S. stock markets closed at record highs on Friday following the release of cooler-than-expected inflation data. Soft inflation data boosted market participants’ expectations of another round of interest rate cut by the Fed this month. All three major stock indexes ended in positive territory. For the week as a whole, these three indexes finished in green too.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) appreciated 1% or 472.51 points to close at 47,207.12, marking the index’s first closing in history above the technically crucial 47,000 barrier. Notably, 19 components of the 30-stock index ended in positive territory, while 11 finished in negative territory. At the intraday high, the blue-chip index touched a record 47,326.73.
The tech-heavy Nasdaq Composite finished at 23,204.87, climbing 1.2% or 263.07 points driven by the strong performance of technology bigwigs. This marked a fresh record close for the index. At the intraday high, the tech-laden index touched a record 23,261.26.
The major gainer of the index was Advanced Micro Devices Inc. AMD. The stock price of the semiconductor behemoth jumped 7.6%. Advanced Micro Devices currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The S&P 500 gained 0.7% to finish at 6,791.69, reflecting a new closing high for the benchmark. At the intraday high, the broad-market index touched a record 6,807.11. Out of the 11 broad sectors of the broad-market index, six ended in positive territory, while five were in negative territory.
The Financials Select Sector SPDR (XLF), the Utilities Select Sector SPDR (XLU) and the Technology Select Sector SPDR (XLK) rose 1.1%, 1.2% and 1.6%, respectively. On the other hand, the Energy Select Sector SPDR (XLE) tumbled 1%.
The fear gauge, the CBOE Volatility Index (VIX) fell 5.4% to 16.37. A total of 19.04 billion shares were traded on Friday, lower than the last 20-session average of 20.75 billion. Advancers outnumbered decliners on the NYSE by a 2.18-to-1 ratio. On Nasdaq, a 2.20-to-1 ratio favored advancing issues.
The S&P 500 recorded 34 new 52-week highs and four new 52-week lows. The Nasdaq Composite registered 124 new 52-week highs and 44 new 52-week lows.
Mild CPI Inflation for September
On Oct 24, the Department reported the consumer price index (CPI) data for September. The data was released late due to the ongoing U.S. government shutdown, which is currently the second largest in history.
The headline CPI for September increased 0.3% month over month, lower than the Zacks Consensus Estimate of 0.4%. The metric for August was also 0.4%. Year over year, the headline CPI increased 3% in September, higher than August’s metric of 2.9% but lower than the consensus mark of 3.1%. However, the reading for September was the highest since May and higher than the past 12-month average of 2.7%.
Core CPI (excluding volatile food and energy items) for September increased 0.2% month over month, lower than the Zacks Consensus Estimate of 0.3%. The metric for August was also 0.3%, marking the strongest monthly rise in six months. Year over year, core CPI increased 3% in September, below the consensus estimate of 3.1%. The reading for August was also 3.1%.
Following the benign inflation data, investors are expecting more cuts in interest rate this year. The CME FedWatch interest rate derivative tool currently shows a 98.9% probability that the Fed will reduce the Fed fund rate by 25 basis points in October and a 91.8% probability that the central bank will further reduce the rate by another 0.25% in December.
Other Economic Data
The University of Michigan reported that the final index for October consumer sentiment came in at 53.6 compared with 55.1 in September and October’s preliminary index of 55. The Zacks Consensus Estimate was 54.9. The current economic condition index for October was 58.6 compared with 60.4 in September. Consumer expectations in October came in at 50.3 compared with 51.7 in September. Also, 1-year short-term inflation expectation fell marginally to 4.6% in October from 4.7% in September. Long-term inflation expectation held steady at 3.7%.
Weekly Roundup
Last week was strong for Wall Street. Concerns related to the U.S. government shutdown and the escalation of U.S.-China trade conflicts were sidelined by strong third-quarter earnings, soft inflation and the hope for more rate cuts. The Dow, the S&P 500 and the Nasdaq Composite moved up 2.2%, 1.9% and 2.3%, respectively.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	84.87 28.98
Price/Sales	6.85 2.58
P/B	3.25 2.76
P/FCF	69.00 24.31

Indicator	TTM Median
ROE	3.89 15.33
ROA	3.20 6.66
ROI	3.75 9.73
Net Worth	189.06 0.98
Quick Ratio	1.97 1.53
Current Ratio	2.80 1.84

Indicator	TTM Median
Net Profit Margin	8.03 9.71
Operating Margin	9.62 11.07
Gross Margin	50.09 50.00
Return on tangible equity	16.75 27.59

Indicator	TTM Median
EPS	0.88 0.24
EPS Forecast	0.88 0.19
Revenue	7.44B 73.00M
Gross Profit	3.74B —
EBITDA	1.55B —

Advanced Micro Devices, Inc.

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue