The deal with Intel is big step forward for AMD as their Intellectual properties on graphics and CPUs was one of the main revenue streams in the report. Surely they have a lot they can achieve with Intel in direction mobile/portable graphics. In addition to the surge with slim laptops sells surely that will have great echo in the coming 6 months - year.
The growth of almost 6% today is not enough to break the fib and previous support/resistance levels of 12.06 (previous 2017 bottom) and floating around that support level of 10.80. The company is however showing that it can quickly attract investors back on board. Looking forward for some more nice movements.
The growth of almost 6% today is not enough to break the fib and previous support/resistance levels of 12.06 (previous 2017 bottom) and floating around that support level of 10.80. The company is however showing that it can quickly attract investors back on board. Looking forward for some more nice movements.