Company Of The Day: AMD

-19.88%
Downside
180
Market
145
Trefis
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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