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This Huge Opportunity Can Supercharge AMD’s Growth

Harsh Chauhan, The Motley Fool
This Huge Opportunity Can Supercharge AMD’s Growth

Advanced Micro Devices (NASDAQ: AMD) is showing no signs of slowing down despite the adverse impact of the COVID-19 outbreak on businesses and economies around the globe. According to Mercury Research, AMD held 4.5% of the server processor market at the end of 2019. There are rumors that the chipmaker is aiming to attain 10% market share in server CPUs (central processing units) by the end of 2020 -- and seems to be making solid progress toward its goal.