MKM Partners Reiterates Buy on Advanced Micro Devices (AMD)
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AMD (AMD) and NVIDIA (NVDA) are Both GPU Winners, MKM Says
September 15, 2016 10:45 AM EDTIn a note to clients today, MKM Partners analyst, Ian Ing, said both AMD (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) look like GPU winners on their refreshes.
"Both companies are benefiting from recent GPU launches, with signs of abundant customer supply and attractive price-for-performance given continued premium pricing," Ing said. "With AMD's completed $1.3bn in offerings that retired straight debt, it is on a faster path to net income profitability (a key hurdle for some long-only investors)."
Ing also noted GPU... More
