Pippa Middleton Completes Grueling, Nearly 47 Mile Swim-Run in 13 Hours
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amd ceo lisa su AMD shares gained more than 8% Tuesday after receiving an upgrade from Jefferies. The firms analyst says AMD is handily beating Intel when it comes to microprocessors and has gained market share in notebooks. Follow AMDs stock price in real-time here. Shares of AMD rose more than 8% Tuesday after Jefferies sent out a bullish note following its analysts meeting with company management. We have higher conviction that in 2H19, AMD will ship a server MPU with higher transistor density than INTC for the first time in recent history, if not ever, analyst Mark Lipacis said in a notes sent to clients on Tuesday. We see this as a foundational shift in competitive dynamics. Meanwhile, our checks also suggest that AMD continues to take share in high-end notebooks. For years, AMD trailed Intel, Jefferies says. But the semiconductor maker has easily regained market share as the older competitor struggles to produce 10-nanometer chips. Intel has delayed its rollout of these smaller, next generation chips until at least 2019 while AMD is gearing up to launch its even smaller 7-nanometer processor next year. Jefferies expects that 7-nanometer chip to ship in the second half of 2019. By that time, the firm says, we expect Intels most advanced server MPU (microprocessor) will be based on its 14nm (or 14nm++) manufacturing technology, which we consider to be a full generation behind AMDs 7nm. And Jefferies exuberance goes beyond chips. The firm also cites a gain in laptop market share for its price target increase from $22 to $30. Our own checks indicate that AMD gained traction in part because of the delay of Intels low power Amber Lake (14nm+) MPUs, the firm said. Intel launched Amber Lake and Whiskey Lake last week - although it is not clear if they offer material improvement over their previous MPUs. Shares of AMD have gained 142% this year. Now read: Theres a new area of the stock market thats quietly crushing it — here are some simple trades that can get you in on the action GOLDMAN SACHS: Buying these 17 stocks could help you crush the market as Trumps trade war heats up AMD Stock price Markets Insider NOW WATCH: I woke up at 4:30 a.m. for a week like a Navy SEAL See Also: Samsungs long-awaited foldable phone is not far away — here are 8 things to expect from the Galaxy X Your opinion matters — Join BI Insiders program The CEO of a $700 million company uses a simple sentence to turn lazy employees around SEE ALSO: AMD is surging after announcing a new data-center graphics card View comments
Spotting Early Gastric Cancer: New Diagnostic Innovations
A breakthrough in gastric cancer diagnosis reveals new methods to spot early signs, potentially transforming clinical outcomes.