2 Risks AMD Investors Shouldn't Ignore
Advanced Micro Devices (NASDAQ: AMD) wowed investors with its second-quarter report in late July, thanks to market share gains in central processing units (CPUs) and strong graphics processing unit (GPU) sales that were driven by cryptocurrency-related demand. The company has done well so far to gain market share in areas dominated by NVIDIA (NASDAQ: NVDA) and Intel (NASDAQ: INTC), powered by a revamped product lineup targeting both high-end and mainstream PCs.
But AMD management believes that the company isn't done yet, as its recently launched products, such as the EPYC server chips, have yet to show their true potential. Additionally, AMD still hasn't launched chips for the notebook PC market, so there is a chance that it might continue gaining more market share.
Now, it won't be surprising if AMD manages to make a deeper dent in its target markets. But this isn't going to be a cakewalk, as both NVIDIA and Intel are stepping up their game to ward off AMD's threat.
Source: Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 26 Buy predictions and 12 Sell predictions.
As a result the target price of 41 € shows a positive potential of 38.77% compared to the current price of 29.55 € for Intel Corp..
