The Register meldt dat de waarde van het AMD aandeel gisteren tot 41,38 dollar is gestegen. Investeringsbank Needham & Co voorspelt dat het aandeel dit jaar zal stijgen tot $56. Intel blijft het ondertussen goed doen en stijgt naar $108,81:
The share price of Advanced Micro Devices (AMD) closed at $41.375 on Wall Street last night, as yet another broker gave it the thumbs up. Broker Needham and Co has repeated its advice to buy and estimated that in a twelve month period the stock could be worth as much as $56.
AMD's share price has, however, gone through the roof since it bumped along in the bargain basement for months at $16 during last summer.
That was before it introduced its Athlon microprocessor, which now appears to be gaining some momentum in the corporate market, compounded by difficulties rival Intel has had in delivering sufficient Coppermine Pentium IIIs to sate demand.