NASDAQ AMD has become a strong competitor to NVIDIA in the GPU market. One of his most famous achievements is the production of chips for the new Xbox and Sony PlayStation 5 from Microsoft.
In addition, AMD Ryzen Threadripper PRO processors will now be directly available to consumers through global retailers, online stores, and system integrators, which are expected in March 2021. The Ryzen Threadripper PRO processor provides enterprise customers with an unrivaled set of workstations with up to 64 cores and 8 storage channels.
Future prospects of NASDAQ AMD
Some research institutions have also raised the target share price to $ 120, which is about 36% higher than AMD’s current share price. Driven by demand for server chips, NASDAQ AMD‘s revenue grew 26% in the second quarter. As Intel does not expect to release its 7-nanometer chips for at least the next few years, NASDAQ AMD still has a lot of room for improvement.
Intel will answer, but in the long run, NASDAQ AMD‘s performance is good. Importantly, Intel now plans to use more third-party foundries to keep new products faster. In general, because Intel has the ability to design and manufacture its own chips, its profit margin is higher than AMD. AMD has outsourced Taiwan Semiconductor Manufacturing Co., Ltd., which clearly exceeds Intel’s own capabilities.
NASDAQ AMD also recently announced plans to acquire Xilinx for $ 35 billion. This opened a new front for the attack on Intel, which entered the field of programmable chips thanks to the acquisition of competitor Xilinx Altera in 2015. Xilinx’s profit level is much higher than AMD’s, so increasing it could help AMD keep moving forward. From medium-sized chip companies that make almost no profit, to leaders in technology development with powerful research and development channels. Intel has stumbled on the production path, and AMD has become more agile after abandoning production a few years ago. Since the beginning of this year, AMD has begun to significantly surpass Intel in important technical areas, including the production of 7-nanometer chips, which Intel will postpone until 2022. This flexibility means that AMD can focus on chip development and improve the company’s cash flow more stably.
NASDAQ AMD now offers 7-nm chips, while Intel will release 7-nm chips no earlier than 2022. In addition, the company could produce all its own chips, but to achieve its production goals had to rely more on Taiwanese semiconductor factories. CEO Bob Swan said he was also considering transferring 7-nm chips to production. You can check the AMD balance sheet at https://www.webull.com/balance-sheet/nasdaq-amd before investing.