Wall Street Is Warming Up to Advanced Micro Devices, Inc. (AMD) Stock

10 Aug by Vitaliy Dadalyan

Wall Street Is Warming Up to Advanced Micro Devices, Inc. (AMD) Stock

Analysts say Advanced Micro Devices, Inc. (Nasdaq: AMD) is well-positioned to take market share away from data center and PC processor market leader Intel Corporation ( INTC), now that Intel delayed the launch of its 10 nanometer processors until 2019. On Friday, Goldman Sachs simultaneously downgraded INTC and upgraded AMD stock and said AMD market share gains may not just be temporary. According to analyst Toshiya Hari, AMD has a golden opportunity to win over business from Intel customers.

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Source:: https://finance.yahoo.com/news/wall-street-warming-advanced-micro-155008170.html

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