Advanced Micro Devices, Inc. (NASDAQ:AMD) Crushes NVIDIA Again

Advanced Micro Devices , Inc. (NASDAQ:AMD) is continuing its major foray into the GPU industry, becoming a major competitor of Intel and Nvidia Corporation (NASDAQ:NVDA). The company on Sunday launched the much-anticipated Radeon RX Vega 64 ($499 RX) and Radeon RX Vega 56 ($399 Radeon RX). Analysts think that these cards will boost AMD stock as gamers around the world have started preferring AMD GPUs instead of Nvidia Corporation (NASDAQ:NVDA) because price difference and features.

The most exciting part of AMD’s latest cards is that they have HBM 2 technology, which is based on AI and level parallelism. Even Nvidia ’s $1,200 Pascal-based GTX Titan X doesn’t offer any AI.

For this year Advanced Micro Devices 's revenue will be around 5,03 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2016's revenue of 4,27 billion USD.

Historical revenues and results Advanced Micro Devices plus estimates 2017

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The analysts expect for 2017 a net profit of 97 million USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 10 cent. With this the price/earnings-ratio is an extreme 136,1.

For this year analysts don't expect the company to pay a dividend.The average dividend yield of the semiconductor companies equals a limited 0,25 percent.

Based on the current number of outstanding shares Advanced Micro Devices 's market capitalization 10,78 billion USD.

On Monday the stock closed at 13,61 USD.

Historical stock prices Advanced Micro Devices2007-2017

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