Advanced Micro Devices (AMD) is set to release its third-quarter 2025 results on Nov. 4, expecting revenues of $8.7 billion with strong growth in Client, Gaming, and Data Center segments. The Zacks Consensus Estimate for third-quarter revenues is $8.72 billion, with earnings estimated at $1.17 per share.

AMD stock has outperformed the Computer and Technology sector, with shares surging 118.8% YTD. However, the stock’s Value Score of D suggests a stretched valuation at this time. AMD faces competition from NVIDIA and Broadcom in the AI infrastructure market, despite showcasing advancements in AI performance and energy efficiency.

AMD’s expanding portfolio and rich partner base are expected to boost its third-quarter performance. With a Zacks Rank #3 (Hold), investors may want to wait for a more favorable entry point to accumulate the stock. Stiff competition and valuation concerns make AMD a risky investment option.

Read more at Nasdaq: Buy, Sell, or Hold AMD Stock? Key Tips Ahead of Q3 Earnings