Bank of America: Prefer AMD to Intel, giving the latter a "buy" rating

智通财经2023-04-14

On April 14, on the occasion of the first-quarter earnings season, Bank of America said it prefers AMD to Intel because the latter may benefit from the industrial and automotive markets due to the acquisition of Xilinx. Bank of America analyst Vivek Arya gave AMD a "buy" rating and Intel an "underperform" rating. Despite troubles in PCs and data centers, AMD could gain more than Intel later this year as it launches new products including Genoa server CPUs, analysts said. Analysts said: "Considering AMD's relationship with...

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