Amd peaked at $ 49.10 a share, its all-time high

AMD broke its previous record of closing share price during today's intraday trading. The previous closing record was set at $ 47.50, which was set on June 21, 2000. Of course, factors such as inflation apply, but regardless, this is an important hallmark for the company, which reached on January 2 a peak of $ 49.10 per share.

AMD breaks its share price record with a peak of $ 49.10

AMD's share price marks growing market confidence in AMD's portfolio of Zen-based products, which now challenge Intel in every market segment they compete in, and confidence in the company's ability to deliver your goals as you move towards future architectures like Zen 3 and Zen 4.

Times have undoubtedly changed for AMD compared to its latest listing record: In March 2000, AMD released the world's first 1GHz processor, the Athlon 1000, which directly competed with Intel's NetBurst architecture. AMD's processors were impressive in terms of price, power efficiency, and performance. AMD also had its first multiprocessor platform, the Athlon MP, which competed in the data center segment.

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AMD endured several ups and downs in the years that followed, with a brief return to Wall Street's favor in 2006, when it peaked at ~ $ 35, which occurred during the company's good years with its Opteron server chips that were awarded to the company ~ 25% of data center market share in 2006 and 2007, the highest peak in history for the red company.

Its last historical maximum was in the year 2000

Intel's new Core series changed everything, leading to AMD's lackluster stock performance in the years that followed until the unfortunate launch of Bulldozer in 2011, which sent the company on a long downward path that nearly ended in bankruptcy in 2016.

Lisa Su was named CEO of AMD in 2014 and announced the pending arrival of the first Zen-based processors in August 2016, and the company revealed the finer details of the architecture just seven days later. That architecture has evolved rapidly over the years, allowing the company to take advantage of TSMC's 7nm process, which gives it a density and efficiency advantage over Intel's 14nm node, to great effect.

Now, AMD is dominating CPU sales with its Ryzen series (already in its third generation), as well as the great deals in the HEDT segment with Threadripper and data center has EPYC that promises to gain more and more ground in servers.

AMD has hovered around its previous peak for several days, but a repeat of a Nomura buy rating today, citing "new product earnings and rising ASPs, revenue growth and operating leverage, " helped push AMD to its new all-time high in its shares.

AMD has led the S&P for two years and has strong momentum as it moves into 2020. We look forward to learning more about the company's next steps at CES 2020, which begins next week.

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