Latest news with #5thGen
Yahoo
23-04-2025
- Automotive
- Yahoo
What's Going On With Marvell Technology Stock On Wednesday?
Marvell Technology, Inc (NASDAQ:MRVL) on Wednesday announced the successful interoperability of the Marvell Structera portfolio of Compute Express Link (CXL) devices with Advanced Micro Devices, Inc (NASDAQ:AMD) EPYC CPUs and 5th Gen Intel Corp (NASDAQ:INTC) Intel Xeon platforms. The move marks Marvell's progress towards an open and interoperable CXL ecosystem, which will address the growing demands for memory bandwidth and capacity in next-generation cloud data centers. Marvell tapped AMD and Intel to extensively test Structera CXL products with AMD EPYC and 5th Gen Intel Xeon Scalable platforms across various configurations, workloads, and operating conditions. Rising Tide Of AI Is So Strong That Semiconductor Optical Industry Projects $30 Billion Total Addressable Market By 2029 The results demonstrated seamless interoperability, delivering stability, scalability, and high-performance memory expansion that cloud data center providers need for mass deployment. The first-quarter semiconductor earnings procession kicked off with ASML Holding (NASDAQ:ASML) last Wednesday and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) on Thursday. For U.S. chip vendors, BofA Securities analysts Vivek Arya and Duksan Jang expect first-quarter results to beat as their original outlook was likely conservative and tariff-related pull-ins created a better demand environment. However, the second-quarter outlook could be in line as companies could widen the guidance range. Marvell stock plunged over 55% year-to-date. Marvell's exit from the auto space follows its October quarter restructuring, where it began shifting investments away from enterprise networking, carrier infrastructure, and automotive. The company is now focused on AI and accelerated computing, a theme JPMorgan's Harlan Sur sees as key to unlocking long-term value. Price Action: MRVL stock closed higher by 6.22% to $53.77 on Wednesday. Read Next:Photo by JHVEPhoto via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? MARVELL TECH (MRVL): Free Stock Analysis Report This article What's Going On With Marvell Technology Stock On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
09-04-2025
- Business
- Yahoo
Advanced Micro Devices (NasdaqGS:AMD) Introduces 5th Gen AMD EPYC Processors Amid 15% Dip Last Month
Advanced Micro Devices recently unveiled its 5th Gen AMD EPYC™ processors, significantly boosting Oracle Cloud Infrastructure's performance, as well as expanding its x86 embedded processor portfolio. Despite these announcements, the company's share price decreased by 15% over the past month. This decline occurs amid a broader tech sector downturn, with the Nasdaq entering bear market territory following heightened volatility due to a trade war with China. The tech-heavy index witnessed a 10% drop, directly affecting AMD and highlighting the pressures on semiconductor stocks during this turbulent period. Buy, Hold or Sell Advanced Micro Devices? View our complete analysis and fair value estimate and you decide. Find companies with promising cash flow potential yet trading below their fair value. The recent unveiling of AMD's 5th Gen EPYC processors and enhancements in Oracle Cloud Infrastructure suggest a potential positive impact on AMD's revenue and earnings forecasts, despite a recent 15% decline in the share price amid broader tech sector challenges. This news may bolster AMD's Data Center AI offerings, expected to drive significant revenue growth and improve margins through the introduction of Instinct accelerators and ROCm updates. Over the past five years, AMD's total return, including share price appreciation and dividends, was 77.26%, reflecting a substantial upward performance in comparison to its recent setbacks. Over the last year, however, AMD has underperformed the US market and semiconductor industry, which saw returns of 3.4% and 10.7% declines, respectively. While catalysts like the EPYC processors and collaboration with hyperscale cloud providers offer promising growth avenues, potential competitive pressures and sector volatility remain risks. Analysts have set a consensus price target of US$146.53, indicating a significant premium over the current share price of roughly US$102.78, which could suggest market confidence in AMD's longer-term growth potential despite current challenges. According our valuation report, there's an indication that Advanced Micro Devices' share price might be on the expensive side. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
