AMD Has a Lot to Prove Next Week
Fresh off the reveal of its EPYC server processors, Advanced Micro Devices (NASDAQ: AMD) will be under the microscope on July 25 when it reports its second-quarter results. It will take time for EPYC to gain traction, so investors probably won't have a good sense of its success until sometime next year. The main driver of AMD's second-quarter will be Ryzen, the company's PC CPUs that began trickling out in March.
AMD's second-quarter revenue will feature a full quarter of high-end Ryzen 7 sales and nearly a full quarter of mainstream Ryzen 5 sales. AMD is gaining some market share with its new chips, although it's unclear exactly how much. While Ryzen makes the company competitive again, the damage to the brand that years of falling well short of Intel has caused won't be reversed overnight.
Here's what investors need to know about AMD's upcoming second-quarter report.
Source: Fool.com
Advanced Micro Devices Inc. Stock
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