Advanced Micro Devices shares climbed 6.2% on Monday to a record of $90.82, as investors encouraged its new playback processor. The AMD ‘s Website made a stealthy appearance this past weekend with a new graphics processing unit (GPU). It’s also considered to be cheaper than the equivalent graphic card of competitor NVIDIA (NASDAQ: NVDA), but it is also “exceptional” in the Radeon RX 5300 GPU. In 2020, AMD’s stock has risen astonishingly by 98%. The chipmaker quickly wins over the huge cloud processor market from competitor Intel (NASDAQ: INTC), as the giant semiconductor continues to manufacture pricey chips for the next generation. Cloud storage titans such as Amazon.com will be powered by Intel’s dilemma by installing AMD stock price already superior chips.

The outlook for AMD Nasdaq suggests its rally is possibly not over and the increasing impact of the company on the market of graphics cards will be one of the catalysts for its growth. With the introduction of enhanced graphics processing units (GPUs) in 2019, AMD has rendered a solid inroad into rival NVIDIA’s (NASDAQ: NVDA) sandbox. NVIDIA also eclipsed its pricing and output cards in the Navi-based RX 5700 and RX 5700 XT in last year. In order to enable AMD to corner a greater share of the discreet card market in the first quarter of 2020, these cards played a significant contribution. And German retailer Mindfactory ‘s new data show that in the second quarter AMD may still have sustained the burden on NVIDIA.

The holdings of AMD

Interestingly, the 5700 XT graphics card is about 25% cheaper than the 2070 Mega, but is quite performant. Benchmarks from third parties show that the 2070 Super is 5 to 7 percent higher than the 5800 Super Temporary (average), which provides a marginally lower rating to NVIDIA’s RTX 2060 Super than the RX 5700 XT which tilts the price / performance ratio to AMD. Similarly, the RTX 2060 Super is slightly lower. Sales: 5700 XT shipments from Mindfactory surpassed the 3,920 UnitSuper in the second quarter of 2011.

Now, the data of Mindfactory has its drawbacks as sales from only one store are reflected. For eg, AMD GPUs accounted for almost 42 percent of the first quarter revenue of Mindfactory and NVIDIA represented the remainder. But Jon Peddie Research’s revealed first quarter GPU survey gave AMD about 31% of its market share, again with AMD’s stock price it is gone. Mindfactory info, since it is just one piece of a much wider market, with a sprinkle of salt. You can check the balance sheet of AMD at https://www.webull.com/balance-sheet/nasdaq-amd before investing.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.