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Experts are convinced that AMD will continue to gain momentum in the next half
AMD’s Progress in Increasing Market Share This Year Begins to Become Confirmed by Independent Research. Mercury Research recently announced that AMD controlled 22.4% of the total x86-compatible processor market in the third quarter. Goldman Sachs believes that AMD will continue to strengthen its position until the middle of next year.
Image source: AMD
In general, as experts explain, the demand in the PC market will remain at a high level in the next six months, this will allow AMD to benefit from the current situation for itself both in the consumer segment and in the commercial segment. In the latter, AMD’s positions were traditionally weak, so the company’s management especially notes the company’s success in this area. They are mainly expressed in an increase in the number of laptop models using AMD processors.
The largest laptop manufacturer, Lenovo, at a recent quarterly reporting conference, expressed confidence in the ability of the PC market to increase its capacity by 6-7% by the end of next year. This means that the demand for laptops will continue to grow, AMD will have the opportunity to once again renew its record for market share in the mobile segment. AMD’s own revenue forecast for next year will be announced in January, but for now it consistently expects to increase revenue in the fourth quarter by 7%. Based on these prerequisites, Goldman Sachs raises its forecast for AMD shares to $ 96 at the current value of $ 83.