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Technology Stocks : AMD, ARMH, INTC, NVDA
AMD 107.56-2.4%Feb 7 9:30 AM EST

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From: Joe NYC10/22/2021 3:55:58 PM
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Kumar notes that Intel pointed to weakness in the low-end of the PC market whereas the high-end PC market fared better. Chips for high-end PCs are an area of strength for AMD. Kumar thinks that’s good news for the company, which reports quarterly results on Tuesday.

“We continue to believe AMD is well positioned to continue to take share from Intel in both PCs and servers,” Kumar wrote. “In our eyes, Intel’s hiccups continue to leave AMD in a better position competitively, as it will take multiple years for Intel to catch up.”

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