We think that Advanced Micro Devices currently is a better pick compared to Microchip Technology. AMD stock currently trades at almost 12x trailing revenues, more than that of Microchip, whose P/S multiple stands at around 8x. Does this gap in the companies' valuations make sense?...
We think that Advanced Micro Devices currently is a better pick compared to Microchip Technology. AMD stock currently trades at almost 12x trailing revenues, more than that of Microchip, whose P/S multiple stands at around 8x. Does this gap in the companies' valuations make sense?...
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