Yesterday AMD company's share price rose by 10.74%, and in general over the past week growth exceeded 20%.
Investor confidence and analysts forecasts. So, experts Cannacord Genuity raised their forecast on AMD's share price from $ 3.25 to $ 6 per share. At the time of news publication AMD securities on the American Stock Exchange sold for $ 5.27 apiece.
The optimism of analysts, as it turns out, is based not on promises to introduce new AMD graphics card. Last week we reported that in the game console Microsoft new generation will be used AMD components . Furthermore, virtual reality devices in the foreseeable future will raise demand for graphics card from the company.
Analysts believe that in the server segment, AMD will continue to increase its share, particularly in view of the deal with the Chinese processors developers . Related Products :
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