/AMD Stock Jumped on Great Earnings. Should Intel Be Worried? – Motley Fool

AMD Stock Jumped on Great Earnings. Should Intel Be Worried? – Motley Fool


I look at Advanced Micro Devices (NASDAQ:AMD) earnings in today’s video and share three reasons Intel (NASDAQ:INTC) should be worried. 

  1. Intel last week reported a slowdown in revenue from its data center group. AMD just announced that it doubled its data center revenue.
  2. AMD has seen six straight quarters of record mobile processor revenue as the number of customers increases. AMD could be taking market share of notebooks and laptops from Intel. 
  3. For FY 2021, AMD guided revenue growth of 50% year over year. At the same time, Intel expects a revenue decline of 1% year over year.

Click the video below for my full thoughts. 

*Stock Prices used were the closing prices of April 27, 2021. The video was published on April 27, 2021. 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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