There are many reasons why AMD is a buy and hold because, being that the gaming industry is seeing substantial growth quarter after quarter, due to the coronavirus pandemic. For starters, console makers Microsoft and Sony are at the forefront of an intense pre-order situation causing stock values to rise rapidly on both sides. In addition, Microsoft and Sony’s next-gen consoles use AMD’s RDNA 2 architecture which means we will see unprecedented consumer demand for these consoles to be manufactured before the holiday season by late October. Recently, AMD has been taking chunks from Intel’s market shares in areas like server processors and mobile processors. Lastly, we have the RDNA 2 and Zen 3 architectures both releasing in October(see photo below for dates). Be on the lookout for AMD when looking to invest into the video game industry.
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