AMD stock should benefit from next-generation computer chips
These reports, compiled and edited by Barron’s, have recently been published by investment and research firms. The reports are a blueprint for the thinking of analysts; they should not be taken as Barron’s views or recommendations. Some of the report issuers have provided or expect to provide investment banking or other services to the companies under analysis.
AMD-Nasdaq Advanced Micro Devices
Buy (four stars out of five) • Price $64.52 on December 23rd.
Our BUY recommendation reflects our expectation of a significant increase in the share of CPUs in the data center as a result of the next generation AMD EPYC processor, greater momentum in AMD GPUs, and our expectation of an improved balance sheet.
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