AMD shares soar as Wall Street says chipmaker’s new products are a ‘reason to dream’

AMD shares soar as Wall Street says chipmaker’s new products are a ‘reason to dream’

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/04/26/amd-shares-soar-as-wall-street-says-chipmakers-new-products-are-a-reason-to-dream.html

Advanced Micro Devices' new chips are thriving in the market and will take big share from its competitors, according to Wall Street. The chipmaker reported better-than-expected first-quarter earnings results Wednesday. AMD also gave revenue guidance for its second quarter significantly above Wall Street expectations.

Stifel reiterated its buy rating on AMD shares, predicting strong sales for its latest chips.