AMD's stock price reflects a 'scenario we don't believe possible,' analyst says (AMD)

AMD shares will drop more than 30% to $18 due to comparative disadvantages in its competition with Intel, New Street Research analyst Pierre Ferragu says.
Last month analysts expected Intel to undersupply its 10-nanometer chip, but later a report said Intel may cure its production problem sooner than expected.
AMD is expected to launch a 7 nm datacenter GPU later in 2018, which in theory should provide better performance than 10 nm ones, according to Moody's.
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