AMD Stock Outlook: Why You Should Really Bet On Ryzen’s Long-Term Contribution to AMD
The 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.
AMD Stock Predictions
Summary:
- The Q2 2017 earnings report of AMD proved just how valuable is Ryzen to the company’s topline and bottomline growth.
- Ryzen’s release earlier this year is definitely why AMD’s Computing and Graphics segment posted a 51% Year-over-Year increase in Q2.
- Ryzen is helping improve the average selling prices of AMD’s x86 processors. Ryzen is notably helping it steal market share against Intel’s desktop processors.
- Intel’s recent shutdown of some its Internet of Things products/segments are likely to help it focus on its core x86 business. This was to better address the new threat posed by AMD.
- After so many weeks of waiting, I Know First finally has positive near-term, medium-term, and long-term algorithmic forecast for AMD.