Advanced Micro Devices looks to challenge Nvidia with new graphics chips

  • Advanced Micro Devices (NASDAQ:AMD), looking to further compete with Nvidia (NASDAQ:NVDA) in the graphics processor space, unveiled its new lineup of 6 nanometer RX 6000S GPUs, which start at $199.
  • AMD's (AMD) new chips are slimmer than its previous RX 6000 GPUs and are less than 4.5 pounds in weight, as the company looks to maximize power efficiency. AMD's (AMD) new chips are known as the Radeon RX 6800S, Radeon RX 6700S and Radeon RX 6600S.
  • Laptops featuring the new RX 6000S chips are likely to be available in the first-quarter of this year.
  • Advanced Micro Devices (AMD) is likely to benefit from continued growth in the semiconductor industry in 2022, according to Goldman Sachs .

    For this year Advanced Micro Devices 's (located in Santa Clara) revenue will be around 16.13 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2021's revenue of 9.76 billion USD.

    Historical revenues and results Advanced Micro Devices plus estimates 2021

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 3.23 billion USD. The majority of the analysts expects for this year a profit per share of 2.64 USD. Based on this the price/earnings-ratio is a significant 50.28.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the semiconductor companies equals a moderate 1.12 percent.

    Advanced Micro Devices 's market capitalization is based on the number of outstanding shares around 155.31 billion USD. 46

    On Thursday, the stock closed at 132.74 USD.

    Historical stock prices Advanced Micro Devices

    financial analysis advancedmicrodevices

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