Nvidia and Intel Competition Threaten AMD's Growth, Analyst Says

Oppenheimer analyst Rick Schafer maintained a Perform rating on Advanced Micro Devices, Inc AMD.The analyst remains cautious about AMD’s ability to deliver a profitable long-term business model as the second horse in the secularly declining PC market.He noted that the financially and technologically more robust Nvidia Corp NVDA and market-leading Intel Corp INTC strengthened their positions in both CPU and GPU, challenging AMD’s revenue and gross margin trajectory.Also Read: Why Nvidia, AMD And Other Chipma ...