What to Expect From Advanced Micro Devices, Inc. in 2018

What to Expect From Advanced Micro Devices, Inc. in 2018

AMD (NASDAQ: AMD), one of the hottest chip stocks of 2016, slumped more than 10% this year as rivals Intel (NASDAQ: INTC) and NVIDIA (NASDAQ: NVDA) struck back with new chips. On the surface, AMD's growth still looks solid -- analysts expect its revenue to rise 23% this year and for it to achieve non-GAAP profitability after two straight years of losses.

However, its outlook for 2018 looks murkier. Analysts expect its sales growth to slow to 12% for the year but for its non-GAAP earnings to nearly triple on tighter cost controls. Let's examine the four main areas for AMD's businesses investors should watch next year.

Image source: AMD.

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Source: Fool.com