Here’s How AMD Is Turning the Tables on NVIDIA [The Motley Fool]
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Source: The Motley Fool
Here’s How AMD Is Turning the Tables on NVIDIA Advanced Micro Devices ( NASDAQ:AMD spiked big time Moreover, the company's first-quarter revenue estimate is way behind what Wall Street was expecting. The only positive from AMD's side was that it expects full-year 09 revenue to increase in high single digits as compared to the market's expectation of a .% annual jump. So why did this moderate performance lead to such a big positive reaction from investors? Here's a possible explanation. Data center momentum The bad news was already priced into AMD stock going into its latest earnings report. The company had warned investors last year that an oversupply of graphics cards would knock the wind Image source: Getty Images. But AMD said that its graphics revenue grew sequentially thanks to "strong Radeon data center GPU sales." The statement seems to have struck a chord with AMD investors as rival NVIDIA NASDAQ:NVDA Tesla graphics cards But NVIDIA's latest revenue warning provides a hint tha
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