AMD Stock Price Forecast: Why You Should Stay Long On Advanced Micro Devices

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


  • Advanced Micro Devices’ stock has risen to near the $13 price barrier. I am still reiterating my buy rating for AMD.
  • Several catalysts happened over the weeks since my previous buy recommendation for AMD last March.
  • First, Intel successfully killed Nvidia’s GeForce Partner Program. This will help AMD Radeon GPUs remain a viable alternative for successful PC gaming brands.
  • Second, Intel has postponed mass production of its 10-nanometer Cannon Lake processors to next year. It means the 12-nm produced 2nd-Gen Ryzen processors have a better chance to succeed.
  • Third, AMD’s datacenter effort might just get a serious boost from Qualcomm’s reported exit from server processors.

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