AMD: A $10 Billion Valuation

AMD has traded at this level on only two other occasions before: Q2-Q3 of 2000 and Q4 2005 - Q1 2007. The rise in market capitalization in both occasions came with the release of a competitive CPU processor/architecture. AMD in 2016/2017 is beginning to look a lot like AMD's most successful periods in 2000 and 2006. I'd like to examine catalysts then and now to gain insight on where AMD may be headed. In June 1999 AMD debuted their K7 Athlon processor.