Superior Micro Units, Inc. (NASDAQ: AMD) is positioned strongly in every of the segments wherein it operates because of its robust product momentum and execution, in line with Rosenblatt Securities.
In opposition to this backdrop, an analyst the agency is anticipating an upward revision to near-term Street estimates.
AMD traditionally averages a few 10% sequential decline between the fourth quarter and the primary, the analyst mentioned.
AMD can seize 50% of the complete x86 CPU market within the coming yr, helped by know-how and product roadmaps, accelerating design pipelines, rising connect charges of GPUs to optimize EPYC server CPUs and extra, he mentioned.
“AMD‘s CPU and GPU roadmaps may have important and sustainable benefits on this planet of computing that the competitors at present should not have,” Mosesmann mentioned.
Discussing different points highlighted by Su, the analyst mentioned the addition of the Zen three structure is accelerating the positive aspects seen in AMD‘s PC market share over the previous few years.
The Milan cycle is more likely to be bigger than the Rome cycle, with prospects more likely to migrate from Rome to Milan, he mentioned, citing the chipmaker’s CEO.
Even because the new gaming console launches have been lauded as resounding successes, the height for gaming consoles is often three to 4 years out from the launch, Mosesmann mentioned.
Rosenblatt maintained its fourth-quarter gross sales and non-GAAP EPS unchanged at $three billion and 46 cents, respectively. The agency elevated its fiscal-year 2021 first-quarter gross sales estimate from $2.56 billion to $2.73 billion and non-GAAP EPS estimate from 34 cents to 40 cents.
The agency additionally raised its fiscal-year 2021 income and non-GAAP EPS estimates, whereas leaving its 2022 estimates unchanged.
Associated Hyperlink: AMD Analysts See Momentum Forward, With Xilinx Deal Increasing Market Alternative
Picture courtesy of AMD.
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