AMD Stock Skyrockets Further After Zen Unveiling, Up 330%
AMD Stock has been rising ever since AMD Zen was announced but that does not stop there. Now after the unveil of the architecture by Lisa Su, AMD Stock has skyrocketed more than we expected it would. AMD stock has increased another 11% which makes the total increase an amazing 330%.
AMD returned to making a profit in Q2 2016 and the stats have increased significantly since then. Zen-based Summit Ridge desktop CPUs will take on Intel in the consumer market but that is not all AMD is looking at taking from Intel. AMD is looking to get a share of the server business as well. AMD was a rival to Intel from the start but a series of products gone wrong and some bad decisions led to the company’s demise.
Intel is a big player in the market and it will not be easy taking on the giant but AMD stocks are doing well and with AMD Zen, the company could be making some moves after all. If AMD decides to go on with this then come 2017, AMD will be facing off Intel in the CPU market and Nvidia in the GPU market, both at the same time.
The team red vs team green debate is a much argued one and there is now going to be an AMD vs Intel debate as well. But there is no denying that the competition between the two companies will bring great advantages to the users.
AMD has brought the heat to Nvidia as well and AMD is trying to capture the low end to mid end GPU market which is the biggest of them all. We can see the approach the company is taking here and it is a clever one to say the very least.
What do you think about AMD stocks and its chances against the big boys?