AMD’s share of the server market could double

Quarterly report AMD continues to shape the agenda even if it does not return to re-publication of the company’s financial results. Analysts took the floor and raised their forecast for the market value of AMD shares from $ 120 to $ 135 at the current value of $ 88.84

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According to representatives of Rosenblatt Securities, the main driver of long-term revenue growth for AMD in the next few years will be the line of server products. Server revenue could double in the coming years, experts say. Let’s remind that yesterday AMD announced that its server revenue reached 19% of the total. This type of activity will increasingly influence the financial success of the company.

Analysts at RBC were not entirely satisfied with the growth rate of AMD’s profit margins, as with outstripping revenue growth, this indicator could have increased more. As you might guess, AMD’s profitability is now slightly affected both due to the active increase in the production of chips for consoles, and due to the expansion of mobile processors in the laptop segment. Both types of products do not have the highest profit margins.