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by hmm37 464 days ago
AMD's PE ratio looks high because of their Xilinx acquisition and for tax reasons. You have to look at non-GAAP numbers instead, e.g. AMD's forward PE ratio which is only ~20 or so. Nvidia's forward PE is ~30.
1 comments

just bought a little amd with zero dilligence, and now i see they aquired xilinx? why would anyone do that... remorse.
The acquisition was announced 4 and a half years ago[1] and finalized 3 years ago so it's not like it's a recent thing.

[1]: https://ir.amd.com/news-events/press-releases/detail/977/amd...

Isn't Xilinx the origin of "AI NPU" in AMD Ryzen?