|Bid||0.00 x 1000|
|Ask||0.00 x 1200|
|Day's Range||25.71 - 28.11|
|52 Week Range||9.04 - 34.14|
|Beta (3Y Monthly)||4.09|
|PE Ratio (TTM)||87.16|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.86|
Trump’s at It Again: Markets Spooked by Tariff Warning(Continued from Prior Part)US-China trade talksThe US-China trade talks are set to resume next week. The two sides have held four rounds of trade talks since President Trump and President Xi
Advanced Micro Devices Inc. said late Thursday that its chief executive got a substantial rise in compensation in 2018 and that two board member are not up for re-election. In a proxy filing with the Securities and Exchange Commission, AMD said that CEO Lisa Su received $13.4 million in compensation in 2018 including her $961,000 base salary, up from $10.9 million in compensation in the previous year. Since Su was appointed CEO in October 2014, AMD shares have soared 965% compared with a 52% gain in the S&P 500 index . In 2018, AMD shares rose 80% as the S&P 500 shed 6%. AMD also said that board members Michael Inglis and Amhed Yahia are not nominated for re-election this year. AMD's annual stockholders' meeting is scheduled for May 15.
Alphabet's (GOOGL) Google unveils Stadia, its long-awaited browser-based video game streaming service that leverages cloud computing and YouTube.
Trump’s at It Again: Markets Spooked by Tariff WarningTrump spooking markets again Once again, President Trump has spooked markets with his warning about trade tariffs against China (FXI). The White House released a transcript of Trump’s
Shares of Apple (AAPL) climbed over 3.4% in morning trading Thursday as buzz builds regarding the highly anticipated unveiling of its new streaming video service that hopes to challenge Amazon Prime (AMZN), Netflix (NFLX), and Disney (DIS). The climb is part of a larger 2019 comeback, which begs the question is now the time to buy Apple stock?
This week, investors piled on Advanced Micro Devices’ (AMD) stock to take advantage of the bullish announcement that Google’s new Stadia platform would be powered by AMD GPUs. The relationship provides a big boost to AMD’s data center business, as shares shot up 17% since the news broke. Based on its Vega architecture, the custom-made AMD GPUs will provide more than 2x faster raw computing power than the PlayStation 4 Pro, and nearly double that of the Xbox One X. Rosenblatt analyst Hans Mosesmann believes the stock has more room to run as he maintains a Buy rating on AMD, with a $42 price target, which implies over 50% from current levels. (To watch Mosesmann's track record, click here)Mosesmann says the “conventional view…[is] that AMD is incapable of gaining key chip socket wins or share in CPU or GPU market segments.” So while some may question how a “less competitive AMD” was able to capture Google, Mosesmann says “Google…[is] not choosing AMD 7nm GPUs b/c they are less competitive, they are doing so because they are more competitive.” AMD is showing promise moving towards its new 7nm launch, while rivals are lagging behind with larger chips. Mosesmann says by moving from “16nm GPUs last year…[to] 7nm,” AMD is becoming “more competitive vs. Nvidia GPUs that are still at 16/12nm in 2019.” With that, the analyst believes “AMD is not less competitive; the GPU lineup is more competitive, obviously.” Another myth Mosesmann wants to debunk is the notion the “the future of accelerated compute is all about GPU’s only.” If this were the case, the analyst argues Nvidia would “clearly” have the advantage. But Mosesmann says, “there are important segments that prize CPU/GPU optimization and Nvidia simply does not have a server-class CPU strategy. It is not a random event that AMD controls the game console silicon (CPU/GPU) at Sony and Microsoft and it suggests strongly that AMD should play a significant role in cloud streaming gaming (console in the cloud).”The bottom line, in Mosesmann’s view, is that “the AMD story just got an injection of GPU gaming/compute juice that the street may not have anticipated yesterday,” which explains such a surge in trading. The analyst likes the “CPU share gain dynamic for AMD with 7nm CPU disruption starting in 3Q19, and an interesting and emerging GPU compute/gaming share gain dynamic that is in the billions of dollars in terms of TAM opportunity.” Though AMD shares plummeted nearly 50% at the end of 2018, the stock is back up over 50% from its 2018-low. TipRanks analysis of 20 analyst ratings on AMD shows a consensus Moderate Buy, with ten recommending Buy, nine recommending Hold and one saying Sell. The price target among these analysts stand at $26.06, suggesting the stock has limited upside from current levels. (See AMD's price targets and analyst ratings on TipRanks) More recent articles from Smarter Analyst: * This Analyst Takes Biogen (BIIB) Alzheimer's Failure Personally * Can Tesla (TSLA) Stock Rebound from Underwhelming Model Y Rollout? * RBC Capital Keeps the Faith on General Electric (GE) Stock; Here's Why * Seattle Time Spills the Beans on Boeing's (Allegedly) Flawed 737 MAX
Powell Halts Rate Hikes, Trump Might Not Be Pleased(Continued from Prior Part)Economy After its two-day meeting, the Federal Reserve signaled no more rate hikes in 2019. In December, the Fed projected two rate hikes in 2019. The Fed has also toned
As such, it's time to separate the potential winners from the likely losers from Alphabet's latest moonshot. Alphabet announced during Tuesday's Game Developer Conference that it will utilize AMD GPU for the new cloud-based gaming platform citing the strong relationship between the two companies. "We've worked closely with AMD for years on this project, leading to the development of a custom GPU with leading-edge features and performance for Google Stadia," said Google's head of Stadia development Dov Zimring.
The Dow Jones Industrial Average fell Wednesday after the Federal Reserve decided to leave interest rates unchanged. Stock ended the day mixed Wednesday after the Federal Reserve decided to leave interest rates unchanged in the 2.25% to 2.5% range and downgraded its expected rate path to signal that no rate hikes are likely in 2019. The decision had been widely anticipated after central-bank officials led by Chairman Jerome Powell signaled in January they would pause their three-year campaign to tighten monetary policy as the U.S. economy slows.
Alphabet’s Google (GOOG)(GOOGL) has announced a cloud-based gaming service called Stadia. Stadia is meant to be the Netflix (NFLX) of gaming. • The chart shows there is a strong move in AMD’s stock on the announcement that Stadia will use a custom AMD chip.
More Action: US-China Trade Talks Resume Next Week(Continued from Prior Part)US-China talks In the previous part, we discussed that the US (QQQ) and China plan to resume the trade talks next week. So far, China’s economic data have disappointed
HP's (HPQ) innovations are expected to rev up customers' digital transformation journey, improve customer experience and boost its recurring revenues going forward.
Advanced Micro Devices (AMD) jumped substantially on Tuesday’s trading session, as an un-expected customer, Alphabet (GOOG) is expected to purchase a lot of GPUs from AMD in anticipation of its launch for its video game streaming platform called “Stadia,” which they announced yesterday.Now, historically AMD has held onto a dominant position in the mainstream console gaming segment ever since the launch of Jaguar (chip codename family) for both the Xbox One and PlayStation 4 platform. Hence, the volume segment of the gaming market (where most people play games) is pretty much owned by AMD, and Nvidia has shifted to PC performance gaming, datacenter algorithms, and AI (mainly autonomous vehicles).It seems Google is leveraging its entire OS and Web Ecosystem to deploy a new product or service, which establishes a new gaming platform. The challenges with this model are numerous, because at best it helps establish a new market opportunity, but really, only on the condition that the streaming platform grows to a significant installed base of active users, which is difficult to anticipate.Historically, Google wasn’t a video gaming company, but in recent years they have moved into the gaming segment slowly, but mostly because of the lucrative mobile gaming opportunity across its Android Installed base, whereby it usually collects its tollbooth like fees for mobile game purchases and in-game purchases as well. In this very specific case, the mobile gaming business has matured, and it’s probably why Alphabet entered into the high-end gaming segment.There are some challenges to Stadia in the near-term, as the game catalogue and the costs of running the hardware becomes ambiguous. How much do subscribers have to pay for both the streaming and video game titles? A lot of money goes into the development of AAA game titles (this isn’t mobile game development), so with costs hovering in the hundreds of millions for game production, it’s not as easy to develop a bulk-content-subscription model like Netflix does for movies and TV shows and Spotify for music artists. The video game is the product, and it’s hard to recoup the cost of development absent of a definitive license model.Most of the major game publishers report sales in terms of digital downloads or physical disc purchases, and they’ve been able to retain this pricing structure whereas movie studios are more dependent on movie ticket sales than ever before (mainly because movie licensing deals to streaming companies aren’t as lucrative).So, the biggest uphill challenge for Google’s streaming platform comes from the difficulty of getting buy-in from game publishers that have aged gaming franchises that people would actually play. Now, when gamers joke about the evil greed of Electronic Arts (EA) and Activision Blizzard (ATVI), they’re not lying. Electronic Arts is moving to own more of its distribution, and the same could be said for Activision Blizzard.It’s likely that gamers would have to pay a subscription for Stadia, and then buy games separately from an online store. This doesn’t necessarily score the same mainstream opportunity as Netflix, as the cost of content licenses and hosting movies on servers is a lot less than trying to rent computing hardware from the cloud to run compute intensive games, and then charge gamers for games separately.In this case, most customers are wedded to their respective gaming consoles and have already bought games, so with the implicit investment into hardware and games, why would they migrate to a separate platform and pay subscription fees for renting cloud hardware and buy games when they can stick with Xbox Live or PlayStation Network? It could be an overlapping opportunity, but right now, the silver lining isn’t quite clear.How does this translate for AMD? A major datacenter customer, i.e. Google moved the stock significantly yesterday. Since Google buys much of its hardware from Intel and Nvidia it does score some points for AMD. But, in terms of financial impact, it’s not likely that the current gaming ecosystem would ditch the pre-existing gaming platforms for a new service with a limited game library.It’s a very entrenched segment of the market. AMD investors should anticipate Sony and Microsoft to make major announcements in 2019 and 2020 for PlayStation 5 and Xbox 2 (or whatever it’s named).The next generation consoles will likely run on AMD hardware anyway, and the incremental opportunities with Stadia could mature into something more meaningful by 2025 to 2035, but not in an immediate timeframe that would be very incremental to earnings or sales.Furthermore, Stadia was barely announced yesterday (with launch expected sometime in 2019). To build-up an established gaming franchise that would actually demand the purchase of AMD GPUs at scale in a Google datacenter could take many years. It’s good that AMD won the contract, as it provides an added hedge in the event enthusiast gaming does migrate to streaming, but it certainly won’t happen overnight.There’s plenty to like about AMD the stock as an investor, but the news yesterday was mostly incremental and won’t impact sales or earnings by much in a 12-month or 24-month window. More recent articles from Smarter Analyst: * This Analyst Takes Biogen (BIIB) Alzheimer's Failure Personally * Can Tesla (TSLA) Stock Rebound from Underwhelming Model Y Rollout? * RBC Capital Keeps the Faith on General Electric (GE) Stock; Here's Why * Seattle Time Spills the Beans on Boeing's (Allegedly) Flawed 737 MAX
NVIDIA (NVDA) is gaining a solid traction from the wide adoption of its Turing GPU and its real-time ray tracing technology. This is understood from the announcements made by the company at GTC 2019.
Tech and Media's Latest: NVIDIA, Netflix, Hulu, EA, and AppleChip stocks have outperformed broader markets in 2019 Semiconductor stocks have been on a roll lately. YTD (year-to-date), the VanEck Vectors Semiconductor ETF (SMH) has risen 22% compared
Change came to the gaming industry in a way that we all knew was coming. announced the new "Stadia" streaming service for video games. This new platform, at least on the surface will eliminate the need for gamers to purchase physical hardware such as a console dedicated toward a certain format, other than Stadia's handheld, wi-fi capable controller that will connect via the Chrome internet browser.
Micron: Will Data Economy Opportunities Mitigate Industry Cyclicality?(Continued from Prior Part)Micron in the PC market Memory is the biggest segment of the semiconductor industry, and its contribution is set to grow even further given
Synopsys' (SNPS) investments in the high-growth markets are diversifying its clientele. Moreover, its technological expertise and product launches are positives.
Google is leveraging Advanced Micro Devices (AMD) Radeon datacenter GPUs customized for Stadia cloud-based game streaming service.
For a while, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) was content with its Google Maps Easter Egg games. Management announced Tuesday it will break into video games with a new streaming service, gaming hardware and content. Bank of America Merrill Lynch analysts Justin Post and Benjamin Sherlund maintained a Buy rating and $1,350 price target on Alphabet.
Micron: Will Data Economy Opportunities Mitigate Industry Cyclicality?Memory: the largest segment of the semiconductor industryThe world is moving toward a data economy, and the semiconductor industry is one of the biggest beneficiaries of this
said the chipmaker's Radeon GPUs, as well as its developer tools, will be used in Google's new video game streaming service Stadia. AMD will provide its custom-made chip for the Google Stadia rollout, along with software development tools and an open-sourced Vulkan driver, as it seeks to keep pace with rival Nvidia's NVDA GeForce Now cloud gaming service. AMD CEO Lisa Su told investors in January that datacenter and GPU growth were key to the company's improved earnings guidance.
Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google division took the wraps off its streaming gaming platform at a GDC 2019 keynote on Tuesday. Formerly known by the code names Project Stream and Project Yeti, the new game service is called Stadia, and it will launch later in 2019. While Alphabet stock was up a percent or so, the big winners appear to be companies that will be needed to support Stadia. Game developer Activision Blizzard (NASDAQ:ATVI) notched a 3.22% boost, while chip maker Advanced Micro Devices (NASDAQ:AMD) shot up nearly 12% after the announcement.Source: Google Stadia has the potential to be a game changer (no pun intended) but the real winners in the short term are going to be the companies that Google needs to lean on to make its game streaming platform happen. Googles Announces Stadia "The Future of Gaming"Leading up to yesterday's Game Developer Conference keynote, we had a pretty good idea of what Google was up to. After all, the company had publicly trialled the experience of playing AAA video games in a browser with its Project Stream, which wrapped up earlier this year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 of the Best Stocks to Buy Under $10 Google's keynote was all about what it has been describing as "the future of gaming," which now has a name and a launch timeframe. Stadia is the official name of Google's new game streaming platform, and the company says it will launch later in 2019 in the U.S., Canada and Europe.Stadia will let players stream video games over the internet to devices running the Chrome web browser, through a Google Chromecast or to a Google Pixel device. No console or gaming PC is required, which would cut costs considerably for players. The company is also releasing a Stadia game controller that links to the service directly over Wi-Fi, and has buttons dedicated to YouTube and Google Assistant. Speaking of Youtube, Google says you'll be able to watch gameplay on its popular video-sharing service, push a button and instantly be able to play the video game.Stadia will require a 25Mbps internet connection and promises 4K resolution at 60fps, with plans to eventually offer up to 8K resolution and up to 120fps. WinnersThe global video game industry was worth $138 billion last year, and it's growing. If Stadia can grab a chunk of that, there is a real payoff for Google, which is why Alphabet stock nudged up 1.17% on the announcement. There is also the potential for game developers to sell to a wider audience, and Google says over 100 game studios already have Stadia development kits. Some game development companies got a serious boost from the Stadia announcement, including Activision Blizzard. Ubisoft Entertainment (OTCMKTS:UBSFY) -- the publisher of Assassin's Creed Odyssey, which was the game tested with Project Stream -- also saw a 2.99% bump.The big winner for now though is AMD. To launch Stadia, Google says it is investing in custom GPUs from AMD for its data centers. That's a big, exclusive hardware sale with the potential to keep going well beyond the launch. LosersWhile some game developer stocks saw a boost from Google's announcement, there is also uncertainty in the industry. Google is creating its own game studio to release Stadia-exclusive titles and that means competition. Developing for yet another platform means additional costs. Some video game console makers also took a hit. Microsoft (NASDAQ:MSFT) held steady, but Sony (NYSE:SNE) and Nintendo (OTCMKTS:NTDOY) both closed down over 3%. GameStop (NYSE:GME) has a lot to lose if gaming ditches physical discs for streaming, and it took a 0.99% hit on the day. * 7 Invincible Stocks Leading The Bull Market Higher What was missing from Google's Stadia announcement? Besides Doom Eternal -- which will also be available for PC, Xbox One and Nintendo Switch -- details on launch titles were thin. Also missing was the cost. We're assuming Google will charge a monthly subscription fee for access to Stadia, and that the optional controller would be sold separately, but there has been no confirmation. What we know now is that Google is angling for a larger cut of the $138 billion video game industry, in a big move that may have significant upside for Alphabet stock. In the meantime, Stadia partners like AMD are reaping the benefits as Google spends to build out the service, while console makers and game sellers watch to see if their business faces a real threat.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post AMD Stock Rockets on Google Stadia Announcement appeared first on InvestorPlace.
Investors need to pay close attention to Advanced Micro Devices (AMD) stock based on the movements in the options market lately.