Report
Abhinav Davuluri
EUR 100.00 For Business Accounts Only

Minor Data Center Traction for AMD Is Nice, but Intel and Nvidia Won't Be Easy to Disrupt

AMD reported first-quarter results that modestly surpassed our expectations, while providing forward guidance consistent with our internal model. We applaud the firm’s efforts to stabilize its business, with recent CPU (Ryzen) and GPU (Radeon) products bearing fruit. Meanwhile, blockchain demand cooled, causing graphics revenue to fall sequentially, as we had expected. AMD’s GPU sales to cloud customers rose significantly, albeit off a low base, as cloud vendors likely appreciate another formida...
Underlying
Advanced Micro Devices Inc.

Advanced Micro Devices is a semiconductor company. The company primarily provides x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit, chipsets, graphics processing units (GPUs), data center and personnel GPUs, and development services; server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. The company also licenses portions of its intellectual property portfolio. The company's segments are: Computing and Graphics, which consists of desktop, notebooks, commercial, and chipsets products; and Enterprise, Embedded and Semi-Custom, which includes server processors, and embedded P\processors products.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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