Advanced Micro Devices Inc Stock Price, News & Analysis

Phison Electronics Corp. has announced a strategic collaboration with AMD and Micron to develop a PCIe Gen5 ecosystem, aimed at enhancing gaming and creative experiences. The initiative will feature Phison's PS5026-E26 SSD controller, boasting nearly double the performance of its predecessor while maintaining power efficiency. This collaboration is expected to greatly benefit the global markets for PCs, gaming consoles, and mobile devices due to rising demand for high-speed storage solutions.

AMD has announced that its Chair and CEO, Dr. Lisa Su, will keynote at COMPUTEX 2022, focusing on the theme “AMD Advancing the High-Performance Computing Experience.” This keynote will address advancements in mobile and desktop PC innovations.

The digital keynote is scheduled for May 23 at 2:00 P.M. (UTC+8) and will be accessible to the public via the TAITRA Computex 2022 platform and AMD's website.

AMD has partnered with Google Cloud to enhance its semiconductor design capabilities by utilizing Google Cloud's electronic design automation (EDA) for chip design workloads. This collaboration allows AMD to leverage cloud resources, including compute-optimized C2D VM instances powered by 3rd Gen EPYC processors. The partnership aims to improve flexibility, increase design efficiency, and facilitate resource management for AMD's complex EDA tasks over multiple years, ensuring better performance and reduced costs.

AMD has launched the Kria KR260 Robotics Starter Kit, a scalable platform designed to facilitate rapid development of hardware-accelerated applications for robotics and industrial automation. The kit promises a 5X productivity gain and offers performance improvements of up to 8X better performance/watt and 3.5X lower latency compared to competing Nvidia GPU solutions. Priced at $349, it supports native ROS 2 and is compatible with Ubuntu. This innovation aligns with the robotics market projected to grow at a 20.4% CAGR through 2025, reaching around $126 billion in revenue.

AMD has partnered with Qualcomm to enhance its Ryzen PRO 6000 Series processors with improved Wi-Fi capabilities through the FastConnect 6900 system. This collaboration aims to deliver Wi-Fi 6 and 6E connectivity for business laptops, featuring enhanced wireless management tools for IT administrators. As a result, users will experience improved performance in video conferencing and reduced latency. This initiative demonstrates AMD's commitment to supporting enterprise needs in a hybrid work environment, ensuring reliable remote manageability and connectivity.

On May 11, 2022, AMD announced that its Xilinx Zynq UltraScale+ RFSoC technology has been integrated into Evenstar radio units, aimed at expanding global 4G/5G mobile network infrastructure. This collaboration with Meta Connectivity supports the Open RAN initiative, enhancing flexibility and efficiency in radio access networks. The Evenstar RUs can adapt to diverse radio configurations, meeting evolving 5G standards. This integration positions AMD to leverage new market opportunities in the fast-growing demand for internet connectivity.

AMD has launched new graphics cards in the Radeon RX 6000 Series: the Radeon RX 6950 XT, Radeon RX 6750 XT, and Radeon RX 6650 XT. These models feature faster game clocks, enhanced memory, and improved performance-per-watt based on the AMD RDNA 2 architecture. The RX 6950 XT delivers 4K gaming with 16GB GDDR6 memory, while the RX 6750 XT targets 1440p and the RX 6650 XT 1080p gaming. New titles supporting AMD's FSR 2.0 include Farming Simulator 22 and Microsoft Flight Simulator, enhancing visual performance.

AMD has announced the launch of its new Ryzen 5000 C-Series processors, leveraging the advanced 'Zen 3' architecture, aimed at enhancing performance in premium Chromebook devices. These processors, with up to eight high-performance x86 cores, are designed for Chrome OS and aim to improve productivity in both consumer and commercial markets. They promise all-day battery life and impressive graphics performance, with models like the Ryzen 7 5825C set to debut in the HP Elite c645 G2 Chromebook Enterprise in June 2022.

AMD (NASDAQ:AMD) reported record quarterly revenue of $5.9 billion, marking a 71% increase year-over-year. Gross margin also improved by 2 percentage points, reaching 48%, while non-GAAP gross margin rose by 7 percentage points to 53%. Operating income was $951 million, and net income hit $786 million, resulting in diluted earnings per share of $0.56. The results reflect the impact of the acquisition of Xilinx, with revenue from its computing and graphics segment up by 33%. AMD revised its full-year guidance upwards, indicating strong demand for its products.