On April 14, as the first-quarter earnings season approached, Bank of America said it favored AMD over Intel because the latter could benefit from the industrial and automotive markets as a result of its acquisition of Xilinx. Bank of America analyst Vivek Arya gave AMD a "buy" rating and Intel an "underperform" rating. Despite troubles in personal computers and data centers, AMD could outweigh Intel later this year as AMD launches new products including Genoa server CPUs, analysts said. Analysts said: "Considering AMD's relationship with...
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