The last days of the outgoing year for AMD were characterized by another update of 52-week highs for the company's shares. The exchange rate exceeded $ 46, since the end of last year it has grown at least two and a half times. For a long time, analysts say that among the companies in the information sector, AMD showed the best dynamics in the S&P 500 stock index. This index includes stocks of 70 companies working in the field of information technology, for the whole of 2019 it grew by 48%, making twelve months the best for the group since 2009, when the index strengthened by 60%.
The best dynamics of growth in the share price this year was shown by the developers of semiconductor components and equipment for their manufacture. Experts explain this by the fact that the interests of investors are centered around the progress in the mobile sphere – many are anticipating the boom of 5G technologies, which is brewing next year. Apple is in the eighth place in the list of the most dynamically rising prices, but it is the leader in terms of capitalization. She also pulled some contractors like Qorvo with her.
AMD's success phenomenon has been talked about many times over the past year. The main quality of this processor developer's management, which wins over investors, is the ability to keep his word when it comes to the timing of new products to market. In a situation where Intel is not happy with such predictability, investors prefer to trust a competing company more. Moreover, AMD is gaining not only additional positions in the market, but also new customers.