AMD Stock Prediction: Getting 10% of x86 Server Processor Market Will Greatly Boost AMD’s Revenue
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 Prediction:
Summary:- Due to the debt-laden years of Advanced Micro Devices, Intel has captured 99% of the x86 server processor market.
- After achieving more than 24% market share in server-class processors in 2006, AMD gradually lost to Intel’s Xeon products.
- Server-class processor offer very high margins. Zen Server processors slated for release in Q1 2017 could boost AMD’s stock.
- Getting 10% of the $13.9 billion server chip market could boost AMD’s annual revenue by more than 32%.
- Based one on the one-year algorithmic forecast, AMD has a Buy rating.