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Analysts Are Divided over AMD and Intel

Paige Tanner
Analysts Are Divided over AMD and Intel

October Has Been Weak for AMD Stock: What's Ahead? Advanced Micro Devices (AMD) stock was hit by bearish analyst sentiments, which led to a pullback in its stock in October. According to a CNBC article dated October 1, Baird analyst Tristan Gerra acknowledged AMD’s growth potential in the server market, which was also visible in its stock price. Gerra stated that AMD’s opportunity to gain CPU (central processing unit) market share from Intel’s (INTC) supply shortage was limited, as the latter had announced that it had sufficient supply to meet its 2018 revenue guidance.