Jain: Exxon generates $50B cash flow vs AMD's $9B at comparable valuations
Rajiv Jain · Contrarian Quality at GQG Partners – Rajiv Jain (EP.505) · Jun 8, 2026 · at 54:51
Rajiv Jain, CIO of GQG Partners, contrasts tech sector valuations in the AI wave against traditional energy cash flow generation.
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“Exxon is almost similar market cap as AMD. Depending on the oil prices, this year they generate probably fifty billion of clean free cash flow. AMD will be lucky if they generate nine.”
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