Advanced Micro Devices (AMD) has gone from strength to strength in recent years. While the company has become a giant in the semiconductor industry, it has also been incrementally eating away at its traditionally much bigger rival Intel’s dominance. The wide gap has begun to close between the two companies and Northland analyst Gus Richard thinks it is about to get narrower still. “We expect by CY22 AMD will be 30% the size of INTC, up from 9.2% in CY18,” the 5-star analyst said. “We expect the delta between INTC and AMD GM will decrease by 13.1% during this period.
https://www.tipranks.com/news/article/watch-out-intel-amd-is-getting-closer
Advanced Micro Devices (NASDAQ:AMD)
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