AMD - FUNDAMENTALLY RE-PRICED BY MARKET / TARGET $100 / $120B

0. 100 to $120 Billion Market Cap on the way for AMD ;

1. Price Target not limited by charts anymore;

2. $100 is the next stop, 7nm woes at INTC , and market shares simply means much more than anything in terms of AMD pricing, so we continue higher;

Comment: 3. This stock could easily overshoot the target and we would have to question the resistance next? $100 would the next psychological level and corresponds nicely to recent notes by Bank of America, stating such;

Comment: 4.

Bank of America believes AMD will be the next $100 billion chip company

https://www.cnbc.com/2020/08/03/bank-of-...

Comment: 5. We believe the Street High Target from Exane BNP Paribas is $110;

6. We believe street targets will come up, as INTC server share continues to plummet;