I live in a different time zone so I woke up to -11% on my AMD position.
Thoughts on this? Anyone planning on getting out now before it drops more, potentially to get in again later?
- AMD shares will drop more than 30% to $18 due to comparative disadvantages in its competition with Intel, New Street Research analyst Pierre Ferragu says.
- Last month analysts expected Intel to undersupply its 10-nanometer chip, but later a report said Intel may cure its production problem sooner than expected.
- AMD is expected to launch a 7 nm datacenter GPU later in 2018, which in theory should provide better performance than 10 nm ones, according to Moody’s.
- The 7 nm chip won’t help AMD win over Intel, Ferragu says.