I think one reason their PE is so high is because their price is very competitive and they are very slow on raising average sale price.
It's only very recently that the flagship of Microsoft changed to AMD. I'm waiting for some OEM's to follow after this. This happened on the end of previous quarter. As explained before.
I think the cloud custumors can change faster than the consumer market though. As they will analyze price with performance and AMD has another year of "playing around", until 2021 or even 2022
I think one reason their PE is so high is because their price is very competitive and they are very slow on raising average sale price.
It's only very recently that the flagship of Microsoft changed to AMD. I'm waiting for some OEM's to follow after this. This happened on the end of previous quarter. As explained before.
I think the cloud custumors can change faster than the consumer market though. As they will analyze price with performance and AMD has another year of "playing around", until 2021 or even 2022