Time to hop off the AMD train?

Over the past 5 years, AMD has experienced significant growth, with its stock price increasing by over 500%. Their total revenue is growing at a rate of 35.7% year-on-year, and their operating income per share is growing steadily at an average rate of 55.9% per year. This shows that the company is performing well in terms of business.

However, due to the recent hype around AI, AMD's stock price has soared, leading to a very high price-to-earnings (PE) ratio of 602 times. This means that investors who buy the stock at this point are taking a big risk. It's thus better to monitor the upcoming earnings before making any form of investment decisions.