This Huge Opportunity Can Supercharge AMD’s Growth
Advanced Micro Devices (NASDAQ: AMD) is showing no signs of slowing down despite the adverse impact of the COVID-19 outbreak on businesses and economies around the globe.
The chipmaker delivered terrific growth for the first quarter of 2020, and expects to sustain its momentum for the remainder of the year. AMD's guidance indicates that its revenue could jump between 20% and 30% in 2020. However, it won't be surprising to see AMD surpass its own expectations thanks to the massive opportunity in the data center business and its growing clout against Intel (NASDAQ: INTC).
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Source Fool.com
