With Advanced Micro Devices, Inc. (NASDAQ:AMD) introducing its new Zen-based Ryzen desktop into the market and Alphabet Inc (NASDAQ:GOOGL) announcing YouTube will now be offering a TV subscription to its user base, analysts from Rosenblatt and Baird are riding the bullish train on these two tech giants. One analyst believes Intel Corporation (NASDAQ:INTC) should be quaking, as AMD prepares to take the market by storm. Meanwhile, one of the top analysts on the Street is confident on Alphabet’s standing, predicting long-term growth lies ahead. Let’s dive in:

AMD Offers Better Performing Desktop Than INTC at a Fraction of the Cost

Rosenblatt analyst Hans Mosesmann sees this week as an enticing time to chime in on AMD with the chip giant primed to accelerate desktop gains and re-capture the market from competitor Intel, thanks to AMD’s new Ryzen release. March is about to treat the chip giant well.

In reaction, the analyst reiterates a Buy rating on shares of AMD with a $16.50 price target, which represents a 13% increase from where the stock is currently trading.

Mosesmann sees AMD’s zen launch as one that is enough to rattle INTC investors, as he explains, “Zen-based Ryzen 7 desktop x86 CPU (available now) has disrupted the desktop PC gaming segment with the value proposition of half the price (of a ~$1K high end 8-core i7 series from Intel […] at better performance (~5%). Fair enough. AMD should gain share in desktops. The angle here is that gamers are likely to use that $500 savings to spend on a better display, or GPU card, or storage solution. An incremental tail wind for GPU spend. BUT the real take-way: The 8-core Ryzen 7 is a 95 watt rated CPU, over 30% more thrifty on energy than Intel’s 8-core i7 6900K. This is an eyebrow-raising event to say the least and likely due to a very efficient design not easily solved by Intel in the near-term (process or architecture-wise).”

“We are in the camp of AMD re-capturing 10% or more of the x86 market in dollars (PC and server) as they did 7-8 years ago,” Mosesmann surmises.

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