Advanced Micro Devices Inc. AMD, -3.82% is gaining share in CPUs, Susquehanna Financial Group analyst Chris Rolland wrote Monday. His latest look at industry trends found that the company is picking up share in desktops and laptops, as Ryzen Mobile is showing "signs of life." Rolland wrote that "most data points for AMD were constructive" in his recent analysis. While he deemed AMD's success a negative for Intel Corp. INTC, -2.26% , he also said that Intel's mix "remains strong" as average average selling prices on the desktop side rose 4% quarter-over-quarter. He has a neutral rating on AMD's stock and a positive rating on Intel's stock. AMD shares are up 2.2% in Monday morning trading, while Intel's stock is little changed. Shares of AMD have soared 129% over the past 12 months, compared with a 17% rise for the S&P 500 SPX, -2.37% and a 25% gain for the PHLX Semiconductor Index SOX, -2.45% .