AMD is preparing to announce the results of the past financial quarter. And analysts believe that the company’s performance will be better than expected.
According to the data, AMD will surpass not only analysts’ forecasts, but also their own, declaring revenue of $4.633 billion. For comparison, AMD itself was forecasting $4.6 billion as the upper limit, while Wall Street analysts were talking about $4.52 billion.
Analysts also believe that AMD will take more than 20% of the server CPU market against 11-12% a year earlier. By the way, high revenue, according to experts, is also partly due to the success of AMD in the server market.