After yesterday's AMD income (NASDAQ: AMD), Jefferies analyst Mark Lipacis addresses the "bear" in the room that AMD cannot compete with Intel (NASDAQ: INTC) "permanently because of the difference in scale and others Resources. "
But Lipacis notes that AMD is working on TSMC (NYSE: TSM), which makes" heavy lifting "on the next process node manufacturer. TSMC's customers include Apple and Xilinx, so it's more Intel vs. AMD, Apple, Xilinx and Nvidia.
The analyst maintains a buy class and $ 34 PT.
Seeking Alpha & # 39; s EnerTuition of Beyond The Hype says AMD has entered the "hypergrowth with Rome production" that starts in the 2nd quarter and continues for several quarters or years The Analyzer notes that AMD controlled 20% Q / Q growth in Q2 while Intel declined for the quarter.