Company Of The Day: AMD

+51.48%
Upside
75.20
Market
114
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AMD: Advanced Micro Devices logo
AMD
Advanced Micro Devices

What?

Last week, AMD (NASDAQ:AMD) announced that Facebook’s parent company Meta (NASDAQ:FB) will use its Epyc processors in its data centers.

So What?

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With the addition of Meta to its customer list, AMD essentially counts all the major server operators including Microsoft, Google, and Amazon, as customers. The win could help to bolster AMD’s position as a key rival of Intel in the data center market. AMD stock has gained about 7% over the last five trading days.

See Our Complete Analysis For AMD

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