The analysis focuses on AMD's performance relative to Intel and Nvidia, highlighting AMD's progress in closing market share gaps in CPUs and GPUs. AMD's revenue has increased from $4 billion in 2015 to $29.6 billion. The analyst suggests that AMD's forward price to earnings of 31.7 is undervalued. The intrinsic value per share is estimated at $150, while the current market price is $160.90. Factoring in a margin of safety, AMD stock is considered fairly valued on a discounted cash flow (DCF) basis, yet undervalued based on forward P/E. The overall recommendation is to 'buy' AMD, updated recently.