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Can AMD Gain Share from Intel in the Server Processor Market?

Paige Tanner
Can AMD Gain Share from Intel in the Server Processor Market?

Stifel Nicolaus analyst Kevin Cassidy is bullish on Advanced Micro Devices (AMD) at a time when many Wall Street analysts are bearish on the stock because of cryptocurrency. According to a Barron’s article, Cassidy is bullish on AMD’s future growth potential in the server market. In fact, he expects AMD to win a 3% share from Intel (INTC) in this space in 2018.