AMD Is a Solid Company, but There’s Limited Upside Ahead, Says Goldman Sachs

Over the last few years, Advanced Micro Devices (AMD) has been a veritable gain machine. The huge market strides have come hand in hand with a bigger slice of market share, too. AMD has edged ever closer to rivals Nvidia and Intel and has steadily eaten away at the traditionally larger players’ dominance of the GPU and CPU markets, respectively.However, Goldman Sachs analyst Toshiya Hari sounds a note of caution for the near-term, based both on the elevated share price, and concerns regarding a “potentially weaker PC market environment” in 2H20.Although Hari nudged his CY20 revenue estimate for AMD slightly …read more

Source:: Yahoo Finance

      

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