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As of Q4'25, AMD's EV/Sales ratio stands at 33.96, reflecting a notable increase from the previous quarter's value of 45.03 in Q3'25. This latest data point suggests a moderation in valuation relative to sales after a sharp rise earlier in 2025. Examining the period from Q1'23 to Q4'25, the EV/Sales ratio has exhibited significant volatility, with pronounced peaks in Q4'23 (43.78) and Q3'25 (45.03), and troughs in Q1'23 (24.37) and Q1'25 (21.70). The overall trend is characterized by sharp fluctuations rather than a consistent upward or downward movement, indicating changing market sentiment and valuation dynamics over the observed quarters.