- Wells Fargo analyst David Wong thinks that Advanced Micro Devices’ (NASDAQ:AMD) recently announced Epyc server processors might beat Intel’s (NASDAQ:INTC) Broadwell processors in performance and price.
- Wong argues that Epyc could better compare to Intel’s Skylake processors, which will launch in the coming weeks.
- Wong reiterates his Outperform rating on AMD and the $15 price target.
- Source: StreetInsider.
- AMD shares are up 0.91% premarket.
- Previously: Jefferies reiterates on AMD Buy after Epyc event; shares up over 2% (June 21)
Wells Fargo: AMD Epyc offers better performance than Intel Broadwell
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Symbol | Last Price | % Chg |
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AMD | - | - |
Advanced Micro Devices, Inc. |