Thanks to growing demand for semiconductors for a host of things from gaming to mining for cryptocurrency, Advanced Micro Devices (AMD) is poised for a better-than-expected second half of the year, according to Mizuho Securities

In a research report issued Monday, the Wall Street firm upped its price target to $15 a share from $14. Shares of Advanced Micro Devices closed Friday’s trading session at $13.36, implying around 12% more appreciation for the company’s stock is in the cards.

Analyst Vijay Rakesh said in the note he thinks the semiconductor player could see better-than-expected revenue in the second half of 2017, driven by gaming console seasonality, stronger demand from the personal computer market, and more demand for its graphic processors cards as a growing number of people mine for cryptocurrency. The analyst reiterated his buy rating on the chip company and said his revenue estimate of $1.2 billion and break even EPS for the June quarter remains intact. Looking at all of 2017, Rakesh still thinks the company will report revenue of $4.7 billion and EPS of $0.04 a share. (See also: AMD Tops Tesla for Biggest Short Squeeze of the Week)

The second half of the year is typically a strong period for certain consumer retail segments thanks in part to the back-to-school and the holiday season. Gaming and PC sales usually pick up during that time frame, which bodes well for AMD and other semiconductor companies. AMD and rival Nvidia (NVDA) are also benefiting from huge demand for their GPUs thanks to growing popularity of mining for bitcoin and other digital currencies. Gathering the digital coins to hold for future appreciation or to sell for profit requires powerful computers that have high-end graphic cards. That has resulted in both chip companies products being sold-out or selling for high prices in secondary markets. (See also: First Half Review: Best Bitcoin Related Stocks of 2017)