AMD Stock: AMD’s Stock Still has Upside Potential

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 
  • In spite of the huge +52.29% one-day run, Advanced Micro Devices’ stock price could still go higher this year.
  • The joint venture with Tianjin Haiguang Advanced Technology Investment Company will help AMD compete in China’s server chip industry.
  • The Middle Kingdom is the world’s fastest region for server chip sales.
  • In addition to supplying processors to the upcoming PlayStation 4 NEO and Xbox One Slim, AMD will also supply the CPU/GPU inside the Nintendo NX console.
  • The 14-nm Polaris 10 and Polaris 11 GPUs will help Radeon steal market share from Nvidia this year.
  • I Know First published a SWOT analysis on AMD predicting its bullish stock movement which is still currently bullish for the mid and long term.

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