While Moores law may be coming to an end in some respect, that doesn’t prevent chip manufacturers from adding speed and performance to their new products like never before. That’s just what Advanced Micro Devices, Inc. (NASDAQ:AMD) is doing with their new Zen processors.
Although manufacturers may not be able to shrink chips down much further without compromising the chip’s performance, by placing multiple cores within a chip they are able to produce faster and more robust products. Advanced Micro Devices’ (NASDAQ:AMD) new Zen chip features a staggering 32 cores. According to the company, along with the 32 cores, the latest chip will also have the following specifications:
– 14nm FinFET technology.
– 40% improvement for Instructions Per Clock compared to current processors.
– Supporst DDR4 (8 channels).
– Supports PCIe 3.0
The first Zen chips will likely launch sometime before the end of this year, but an exact timeframe has not been provided by Advanced Micro Devices, Inc. (NASDAQ:AMD). The stock decreased 1.61% or $0.03 on February 12, hitting $1.83. Approximately 9.96M shares traded hands. AMD shares have declined 6.63% since July 10, 2015 and are currently downtrending. It has outperformed the S&P500 by 2.24%.
From a total of 2 analysts covering Advanced Micro (NYSE:AMD) stock, 0 rate it a “Buy”, 0 a “Sell”, and 2 a “Hold”. This means that 0 of the ratings are positive. Advanced Micro was the topic of 2 analyst reports since August 13, 2015 according to the firm StockzIntelligence Inc. Bernstein upgraded shares on September 11 to a “Market Perform” rating.
The institutional sentiment decreased to 0.63 in Q2 2015. It’s down 0.42, from 1.05 in 2015Q2. The ratio dropped, as 38 funds sold all their Advanced Micro Devices, Inc. shares they owned while 73 reduced their positions. 23 funds bought stakes while 47 increased their total positions. Institutions now own 293.84 million shares which is 8.23% less than the previous share count of 320.18 million in 2015Q2.
Shanda Payment Holdings Ltd. holds 9.11% of its total portfolio in Advanced Micro Devices, Inc., equating to 6.08 million shares. Mcglinn Capital Management Inc owns 91,600 shares representing 0.48% of their total US portfolio. Moreover, Two Sigma Securities Llc has 0.47% of their total portfolio invested in the company, equating to 174,607 shares. The New York-based Stone Ridge Asset Management Llc has a total of 0.32% of their portfolio invested in the stock. Chicago Equity Partners Llc, a Illinois-based fund reported 5.61 million shares owned.
Advanced Micro Devices, Inc. is a global semiconductor firm with facilities across the world. The company has a market cap of $1.43 billion. The Firm offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit , chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles. It currently has negative earnings. The Firm operates in two divisions: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties.