Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Advanced Micro Devices    AMD

ADVANCED MICRO DEVICES

(AMD)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Amazon designs more powerful data center chip

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/04/2019 | 01:55pm EST
Amazon office front desk pictured in Manhattan, New York

(This December 3rd story corrects typo in paragraph two)

(Reuters) - Amazon.com Inc said on Tuesday it had designed a more powerful data center processor chip, as it looks to pose a serious challenge to the domination of market leaders Intel Corp and Advanced Micro Devices Inc.

The AWS Graviton2 processor, which is estimated to be seven times faster than its previous chip, uses technology from SoftBank Group Corp-owned Arm Holdings.

Reuters reported last week that Amazon was looking to design a data center processor chip to power its cloud unit.

Data center processor chips are used in cloud computing, an area that is fast emerging as a big business.

With the new chip, Amazon is looking to reduce its reliance on processors made by Intel and AMD to power its money-spinning cloud business, AWS.

Intel currently controls more than 90% of the server processor market, with AMD controlling most of the remainder.

(Reporting by Neha Malara in Bengaluru)

Stocks treated in this article : Intel Corporation, Amazon.com, Advanced Micro Devices
Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES 0.08% 39.47 Delayed Quote.113.81%
AMAZON.COM 0.55% 1748.72 Delayed Quote.15.80%
INTEL CORPORATION 0.85% 57.07 Delayed Quote.21.61%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ADVANCED MICRO DEVICES
12/11Intel hires former GlobalFoundries, IBM chip executive
RE
12/10ADVANCED MICRO DEVICES : AMD Radeon™ Professional GPUs Offer Breakthrough ..
AQ
12/10ADVANCED MICRO DEVICES : Supercharge Your AMD Radeon™ Graphics Experience ..
AQ
12/04Amazon designs more powerful data center chip
RE
12/04ADVANCED MICRO DEVICES : AMD Enables Ecosystem for High-Performance Mini PCs Pow..
AQ
12/03AMD Enables Ecosystem for High-Performance Mini PCs Powered by AMD Ryzen&trad..
GL
11/27EXCLUSIVE : Amazon's cloud unit readies more powerful data centre chip - sources
RE
11/25Tech Shares Power U.S. Stocks Higher
DJ
11/25Tech Shares Power U.S. Stocks Higher
DJ
11/25Tech Shares Power U.S. Stocks Higher
DJ
More news
Financials (USD)
Sales 2019 6 718 M
EBIT 2019 819 M
Net income 2019 475 M
Finance 2019 523 M
Yield 2019 -
P/E ratio 2019 94,1x
P/E ratio 2020 41,9x
EV / Sales2019 6,46x
EV / Sales2020 4,94x
Capitalization 43 955 M
Chart ADVANCED MICRO DEVICES
Duration : Period :
Advanced Micro Devices Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ADVANCED MICRO DEVICES
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 42
Average target price 35,30  $
Last Close Price 39,47  $
Spread / Highest target 31,7%
Spread / Average Target -10,6%
Spread / Lowest Target -79,7%
EPS Revisions
Managers
NameTitle
Lisa T. Su President, CEO & Non-Independent Director
John Edward Caldwell Chairman
Keivan Keshvari Senior Vice President-Global Operations
Devinder Kumar Chief Financial Officer, Treasurer & Senior VP
Mark D. Papermaster CTO, Executive VP-Technology & Engineering
Sector and Competitors
1st jan.Capitalization (M$)
ADVANCED MICRO DEVICES113.81%43 955
TAIWAN SEMICONDUCTOR MFG. CO. LTD.--.--%266 766
INTEL CORPORATION21.61%246 167
NVIDIA CORPORATION62.80%130 956
BROADCOM INC.25.74%124 975
TEXAS INSTRUMENTS30.92%113 454