AMD Stock Forecast: Leading A New Era Of Tech
This article was written by Ari Herzog, a Financial Analyst at I Know First
Summary
- Current trade tensions and AMD’s uninspiring earnings report, which included an EPS value of $0.01 - a 75% decrease QoQ, drive my ‘wait-and-see’ short-term forecast
- Recently announced contracts with top tech companies show AMD’s continued rise in market share, up over 4% YoY, over the graphics processing sector
- How the markets respond as AMD approaches $30 per share will be a vital indicator of its short-term price direction