Tech Investor Predicts: Shares of AMD will rise 50% over the next three years

CNBC Just reported that after AMD 2018 performance and the news on CES and new upcoming announcements, Shares of companies like “Boeing” and “AMD” will rise “50% over the next three years”, as some tech investor predicts. AMD will “take some share in the gaming systems from Nvidia,” Paul Meeks told CNBC.

AMD, comparing it Intel, which he called the “kingpin” of PCs in the 1980s and ’90s. He predicts AMD will “take some share in servers” in data centers and also “take some share in the gaming systems from Nvidia.” “AMD will never become a household name like Intel of even like Boeing, but you’re going to hear a lot more from it,” he said. AMD’s stock jumped more than 70 percent last year closing at $18.46. It hit a 52-week high of $34.14 in September. If Meeks’ projection materializes, shares of the airplane and semiconductor manufacturers would reach about $485 and $28, respectively, by 2022.

 

 

Souce:

CNBC: https://www.cnbc.com/2019/01/04/boeing-amd-stocks-will-rise-50percent-by-2022-tech-investor-predicts.html

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AMD, AMD news, AMD stocks, stocks, amd new cpu, amd stock price, price prediction, amd 2019

Mohsen Daemi
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