AMD is smiling again (as they should). It appears that they have left that negative spiral behind them. AMD now passed 34 USD which is a near 85% increase in value seen from a year ago. The new ZEN2 products are paying off and have been well received in the market.

Last week they introduced 64-core Epyc Rome products for the data-center, and that again was very well received in the market, both Google and Twitter announced that they would use the new generation of processors in their own servers. Patrick Moorhead, founder, president and chief analyst at Moors Insights & Strategy, indicates that AMD can play a primary role in this market for a long time due to the delay of a 10nm production process at competitor Intel (for the server market).

AMD Stock Taking In a Big Upwards Trend 16% added value after Epyc Rome announcements