The market is in panic mode from the coronavirus spread, but Advanced Micro Devices (AMD) just outlined a very attractive long-term financial model. As the health crisis dissipates in the next weeks and months, the chip stock has a very appealing path to strong revenue growth and margin expansion.Large Market Opportunity AMD forecast revenues reaching $8.7 billion in 2020. While the market likes the forecast for nearly 30% revenue growth this year, the company still only has a small market share of a global market with an estimated annual value of $79 billion.The company estimates the data center market will …read more
Source:: Yahoo Finance
