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This type of chip is used in data centers, networking, industrial equipment, you name it. It's that tactic that has allowed it to compete and surpass Intel.īut it's adding a new chip to its portfolio: FPGA (field programmable gate array). It means that the company is capturing new market shares from competitors - like Intel.ĪMD manufactures affordable CPUs (central processing units), GPUs (graphics processing units), and other processors for both personal computing and data centers to better challenge Intel. Revenue rose by 99% over the last year while Intel's dropped by 0.49%, which is great news for AMD.
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Though AMD doesn't quite stack up, sales were just over $13 billion in that same time frame. The company made over $77 billion in sales from PC and related hardware over the past year. (NASDAQ: INTC) is AMD's main competition here. And they've shifted focus to hardware for data centers and the cloud computing services.īut Intel Corp. It's been making a comeback over the years and improving the lineup of chips to better suit the laptop and PC markets.
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When it comes to chip manufacturing, AMD has the advantage.
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AMD Stock: An Affordable Chipmaker with Strong Growth Well, that's what we're here to find out.Īnd to do so, let's first take a closer look at AMD. This shortage pushed the cost of semiconductors higher and, in turn, drove the share price of these companies higher. (NASDAQ: NVDA) are growing at a quick pace in 2021, thanks to the chip shortage that began in 2020. But if you can only buy one, there's a clear winner.īoth Advanced Micro Devices Inc. Save my name, email, and website in this browser for the next time I comment.ĪMD and Nvidia are two of the hottest chip stocks on the market. Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. Comment on This Story Click here to cancel reply.
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