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AMD recently announced a series of announcements of new products at Computex 2019 in Taipei and it seems that fans and investors were delighted with what Lisa Su and Co. have presented to the world.
If you live under the hammer or are too busy keeping up with Computex news, we have everything planned. AMD has briefly introduced its new family of graphics processors, dubbed "Navi", but these are the most impressive ads for its 7nm processors: Ryzen 3000 and next-generation EPYC parts. I will leave the detailed specifications and performance forecasts to our hardware team, but in short, the results look pretty promising.
Promising Products Ryzen 3000, EPYC "Rome" and Navi Urge Analysts to Demand Increased Market Share for AMD
The survey was enough to prompt some analysts to demand an increase in AMD's market share, mainly at the expense of Intel's main rival. Matthew Ramsey, an analyst at Cowen, covers the company's semiconductor business and presents a very optimistic case for the chip maker.
In a note to investors, Ramsey writes, "We expect these products to generate above-consensus growth, equity gains, increased margins, and AMD stock appreciation." Ramsey said that AMD should be doing "very well" in the data center market. He specifically named the cloud industry because of the strengths of future EPYC server parts.
His opinion was probably influenced by the AMD reference demo that showed that an EPYC system against Xeon worked against each other. The EPYC system has won easily and it is important to note that the AMD system should be a bit cheaper given what we know about Xeon's prices.
Analyst Kevin Cassidy of Stifel was in the same spirit. Cassidy wrote that her Buy for AMD rating was reaffirmed without going into details.[Zen 2 will allow AMD]to accelerate its PC market share gains due to higher performance, lower energy consumption, lower cost and ease of implementation. at the level ".
Cassidy estimates that AMD's shares are worth $ 34, while Ramsay estimates that shares have increased to $ 36 per share.
It seems that many investors agree that the shares of Advanced Micro Devices (NASDAQ: AMD) are skyrocketing today, easily posting the best day on Wall Street among the leading companies in the world. technology. AMD stock rose 11.5%, but was slightly diverted by a 10% gain at the end of the day to 29.03 dollars per share.
Perhaps on a related note, rivals Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) have plunged today.
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