Another upgrade…

The firm sees continued upside for AMD to take more business away from Intel in the next year or two. They acknowledge Su’s leadership and AMD’s ability to continue to bring superior products to the marketplace while Intel is trying to correct its missteps.

“This is not the AMD of a decade ago,” Bernstein Research analyst Stacy Rasgon said, lifting the brokerage’s rating on the company to “outperform” — its highest stock rating — from “market-perform”.

Interesting read…doc