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AMD’s Share of the Server Chip Market Could Double, JPMorgan Says

·1 min read
AMD’s Share of the Server Chip Market Could Double, JPMorgan Says
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JPMorgan is getting more optimistic over Advanced Micro Devices’ high-end chip business, citing strong results from the firm’s latest survey of technology buyers. On Thursday, analyst Harlan Sur said the chipmaker’s solid product road map and the firm’s CIO survey suggest the company can achieve 30% to 40% market share in the server processor market over the next few years—up from 20% this year. AMD (ticker: AMD) makes processors that act as the main computing brains for personal computers, servers, and graphics cards.