Hundreds of Trefis members have created forecasts for two key drivers of

AMD

's

(AMD) - Get Report

stock over the last week: (1) AMD Server Processor Market Share, (2) AMD Server Processor Pricing.

Their forecasts suggest that AMD Server Processor Market Share will trend higher than the Trefis forecast while AMD Server Processor Pricing will drop more than expected. The projected increase in AMD server share may not bode well for the AMD's primary competitor

Intel

(INTC) - Get Report

, while lower processor pricing can benefit server makers like

HP

(HPQ) - Get Report

,

Dell

(DELL) - Get Report

and

IBM

(IBM) - Get Report

.

AMD's Server Processor business constitutes

44% of the $9.70 Trefis price estimate for AMD's stock

. By comparison, notebook processors account for 21%, graphics processors for 18%, and desktop processors for 16% of the Trefis estimate for AMD's stock.

Considering the importance of the Server Processor business, AMD's stock is quite sensitive to both 1) AMD Server Processor Market Share and 2) AMD Server Processor Pricing. Below are the charts showing recent estimates created by Trefis members for the two drivers.

The average of forecasts for AMD Server Processor Market Share created by Trefis members indicates a projected increase from 35% in 2010 to 43% by the end of the Trefis forecast period, compared to the baseline Trefis estimate of a smaller increase from 30% in 2010 to 35% by the end of the Trefis forecast period. The member estimates imply an upside of about 15% to the Trefis price estimate for AMD's stock. In the past, AMD Server Processor Market Share has increased from 12% in 2005 to 30% in 2009.

You can drag the AMD Server Processor Market Share forecast trend-line above to express your own view, and see the sensitivity of AMD's stock to AMD Server Processor Market Share.

Our

complete analysis for AMD Server Processor Market Share is here

.

AMD Server Processor Pricing

The average of forecasts for AMD Server Processor Pricing created by Trefis members indicates that pricing will increase from $265 in 2010 to $268 by 2012 and then return to $265 by the end of the Trefis forecast period, compared to the baseline Trefis estimate of a slight increase from $266 in 2010 to $272 by the end of the Trefis forecast period.

The member estimates imply a downside of about 1% to the Trefis price estimate for AMD's stock. In the past, AMD Server Processor Pricing has dropped from about $350 in 2005 to $261 in 2009.

You can drag the AMD Server Processor Pricing forecast trend-line above to express your own view, and see the sensitivity of AMD's stock to AMD Server Processor Pricing.

Our

complete analysis and model for AMD's stock is here

.

Trefis

is a financial community structured around trends, forecasts and insights related to some of the most popular stocks in the U.S.