Advanced Micro Devices, Inc. (NASDAQ: AMD) has made strong inroads into the CPU processor market following the launch of the Ryzen series in 2017. Companies and tech leaders are also gravitating toward AMD, as its processors boast a superior price-to-performance ratio.More recently, Linux open source operating system founder Linus Torvalds has said he is ditching Intel Corporation (NASDAQ: INTC), which was his processor for a one-a-half decades, and is switching over to AMD."In fact, the biggest excitement this week for me was just that I upgraded my main machine, and for the first time in about 15 years, my desktop isn't Intel-based," Torvalds said while announcing Linux 5.7-rc7 kernel. Torvalds said he's now using AMD Threadripper 3970x."My 'allmodconfig' test builds are now three times faster than they used to be," he said. Torvalds had earlier in 2016 expressed his desire for an ARM-powered laptop.The Ryzen Threadripper 3970X processor is based on the 7nm architecture, with 32 cores and 64 threads of simultaneous multiprocessing power, with 4.5 GHz max boost frequency and 144MB of combined cache.At last check, AMD shares were down 1.79% to $54.18. Intel shares were trading 1.71% higher to $63.32. Related Links:AMD Analysts Eye Valuation, PC Risks, Intel Competition After Q1 Report Why BofA Says AMD, Nvidia Are High-Quality, High-Beta Stocks In A Volatile Market Photo by WhiteTimberwolf via Wikimedia. See more from Benzinga * Here's How Long It Took Nvidia To Reach A 0B Market Cap * Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable' * AMD Analysts Eye Valuation, PC Risks, Intel Competition After Q1 Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT).
The buy-and-hold approach to the stock market generally isn’t a celebrated strategy among Reddit’s “Wall Street Bets” bunch, but more than a few glasses are being raised for one member of the meme-making trading community who claims to have made an absolute killing in recent years.
Top Research Reports for Intel, Adobe & AMD
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Several chip stocks broke out Wednesday, but equipment giant ASML stood out. Apple and Google are just a fraction from buy points.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has held up better during the coronavirus bear market than many of its broader benchmark peers, as investors have generally been optimistic about the prospects for the high-growth tech stocks that make up the bulk of the biggest companies that trade on the Nasdaq. Among the outstanding performers in the Nasdaq so far in 2020 have been NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA came into Wednesday up nearly 50% year to date, and AMD had been higher by 16%.
You're not imagining things. Computers are getting smarter every day.Artificial intelligence (AI) is a not-so-new technology that involves "smart" computers capable of demonstrating intelligence, usually through solving problems or learning. As the horsepower behind AI improves, the technology is able to perform increasingly complex tasks, from identifying new sales opportunities to steering vehicles. And that technology is driving the best AI stocks to strong outperformance this year, with many equities that either use or help power artificial intelligence boasting double-digit gains against a down market.In fact, you probably use AI every day, whether you realize it or not. Artificial intelligence powers personal assistants such as Alexa, Cortana and Siri. It also guides the search results you plug into your computer or smartphone, and it often helps determine the advertisements you see.It's an incredible investing opportunity, too. AI stocks are gunning after a market poised to grow from $10.1 billion in 2018 to $126 billion in 2025, according to estimates by emerging-technology research and consulting firm Omdia | Tractica.Here, we look at 10 of the best AI stocks to buy for investors in it for the long haul. Each stock has already outperformed considerably year-to-date, and the coronavirus outbreak still might rattle them in the short-term. But each also shows plenty of promise looking out to 2021, 2022 and beyond. SEE ALSO: 20 Best Stocks to Buy Now for the Next Bull Market
Advanced Micro Devices (NASDAQ: AMD) is showing no signs of slowing down despite the adverse impact of the COVID-19 outbreak on businesses and economies around the globe. According to Mercury Research, AMD held 4.5% of the server processor market at the end of 2019. There are rumors that the chipmaker is aiming to attain 10% market share in server CPUs (central processing units) by the end of 2020 -- and seems to be making solid progress toward its goal.
Strong earnings reports from retailers Target and Lowe's helped power the stock market higher on Wednesday morning. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 1.8% at 11:30 a.m. EDT. Coca-Cola's CEO warned in an interview about weak sales volume in May and a painful recovery from the pandemic, and Intel's latest high-end gaming CPU was met with mixed reviews.
Dow Jones futures surged as vaccine hopes fuel the hot coronavirus market rally. Apple, Google are breaking out. Tesla and AMD are near buy points.
The Dow Jones futures were in focus late Tuesday. Six top stocks near buy points include Alibaba and Facebook.
One of the biggest winners in the semiconductor space over the past few years has been Advanced Micro Devices (NASDAQ: AMD). The CPU and GPU designer had long been an also-ran in the chip space, with minimal market share relative to CPU leader Intel (NASDAQ: INTC) and GPU leader NVIDIA (NASDAQ: NVDA). Look no further than AMD's stock price relative to the market for the last five years as evidence of its renaissance under CEO Lisa Su, who took over in 2014.
Nvidia reports April-quarter financial results after the close of trading on Thursday, and expectations are growing for a strong quarter—and solid guidance.
Tractor Supply and StoneCo spiked, while banks led the Dow Jones, as stimulus packages in Japan and the EU helped trigger a premarket rally.
While the Dow Jones Industrial Average is doing well in May, it remains a market laggard. Watch these chip, software and consumer spending leaders.
Futures pared losses as Dr. Anthony Fauci said Moderna vaccine data was hopeful. Despite Thursday's fall, the market rally is up solidly this week. Alibaba and Nvidia earnings easily beat.
The Zacks Analyst Blog Highlights: Intel, Adobe, Advanced Micro Devices, Wynn Resorts and Everest Re Group
SANTA CLARA, Calif., May 26, 2020 -- Today, AMD (NASDAQ: AMD) announced that Dr. Lisa Su, president and chief executive officer, will present at Bernstein’s 36th annual.
Investors of chipmaker Advanced Micro Devices (AMD) are having a difficult year. Shares have “only” appreciated by 23% so far in 2020. But long-term holders are used to these kinds of gains - and more - considering 2019’s best-performing stock added 156% of muscle last year. However, Rosenblatt Securities analyst Hans Mosesmann implores investors not to lose hope and sees more upside in the cards. Of course, this is all said in jest, but really, what is so compelling about AMD? Mosesmann has the answer. “At the end of the day, the AMD story is more than just x86 CPU share gains, it's about accelerating computing dynamics that are secular in nature, in which the company is executing near-flawlessly. We continue to favor AMD shares on powerful and secular trends; plus, the gravy coming from the Street's reluctance or allergy to the possibility of AMD's continued success to traditionally more powerful competitors,” the 5-star analyst noted. The market gains are no coincidence, then. Over the last few years, AMD has considerably closed the gap between itself and those “traditionally more powerful competitors,” - CPU nemesis Intel and GPU adversary Nvidia. Behind the success is a strong product roadmap that has helped AMD secure “several collaborations and design wins.” These include being the sole supplier of GPU technology for Apple’s discrete GPU solutions as well as Microsoft and Sony’s use of its GPU technology in game console designs. On top of this, AMD has collaborated with Samsung, which uses its designs and IP in mobile devices, Google on its Stadia product for cloud gaming and Microsoft on its Azure for cloud services.Oh, how about winning two out of three U.S. supercomputer deals (Frontier and El Capitan)? And the cherry on top of this chip-flavored cake? An AMD CPU has made its way into Nvidia's new AI system, the DGX A100. What does it all mean for investors, then? Mosesmann has a Buy rating on AMD shares to go along with a $70 price target, which implies nearly 28% upside from current levels. (To watch Mosesmann’s track record, click here) The rest of the Street, though, has a more measured view. Based on 14 Buys, 10 Holds and 1 Sell, AMD has a Moderate Buy consensus rating. With an average price target of $56.43, the analysts forecast upside potential of a modest 3%. (See AMD stock analysis on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.