AMD Is On Fire

About: Advanced Micro Devices, Inc. (AMD), Includes: INTC
by: Zynath Investment
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Zynath Investment
Value, event-driven, tech, biotech

AMD recently reported a stellar quarter but there is even better news.

On August 2, 2018, AMD announced a partnership with Zhongshan Subor to design and build a new chip for both a gaming console and PC to be sold in China.

For Subor AMD created a chip with 4 Zen cores running at 3.0 GHz and 24 compute units of Vega running at 1.3 GHz with GDDR5 memory controller.

This is a sign of much larger things to come, x86 SOCs are the future.

We have been bullish on AMD (AMD) for just over a year now and it looks like finally our predictions are aligning with AMD's corporate strategy. In our February 2, 2018, article about