AMD Vs. NVDA Vs. INTC: How Cloud Processor Demand Stacked Up In March

$NVIDIA (NVDA.US)$Cloud growth was primarily driven by Alibaba, which saw 9% month-over-month growth.Nvidia saw an increase of 6% month-over-month, and 31% year-over-year.John Vinh has an Outperform rating and $165 price target for $Advanced Micro Devices (AMD.US)$ .

$Intel (INTC.US)$ grew slightly, a 1% month-over-month increase and 28% year-over-year growth, the analyst noted. The chipmaker was helped by Alibaba expanding Ice Lake deployments and resuming some deployments for Broadwell, Cascade Lake and Skylake processors.

These results, the analyst said, are positive for Nvidia and AMD and neutral for Intel.