FMP
Jun 4, 2024 8:12 AM - Parth Sanghvi
The battle for AI chip supremacy heats up as Advanced Micro Devices (AMD) unveils its latest offerings at the Computex trade show in Taipei. Here's a breakdown of the key developments:
AMD's New Weapon: AMD CEO Lisa Su introduced the MI325X accelerator, their newest weapon in the AI chip race. This powerful processor is scheduled for release in Q4 2024.
Targeting Generative AI: Both AMD and Nvidia are focusing on developing chips that can handle the demanding workloads of generative AI, a field of artificial intelligence focused on creating new content like images, text, or code.
Nvidia's Dominance: Currently, Nvidia holds a commanding 80% market share in the lucrative AI chip market. AMD is determined to chip away at this dominance.
Matching Release Cycles: Previously, Nvidia announced plans to release new AI chips annually. Now, AMD is mirroring this strategy, potentially leading to faster innovation in the industry.
The Takeaway:
The launch of the MI325X marks a significant step for AMD in its quest to dethrone Nvidia as the king of AI chips. With both companies accelerating their release cycles, we can expect to see a more competitive landscape with faster advancements in AI chip technology. This competition is ultimately beneficial as it drives innovation and potentially reduces costs for consumers.
For investors interested in comparing Intel's valuation relative to its industry peers, the Financial Modeling Prep (FMP) Industry PE Ratio API https://site.financialmodelingprep.com/developer/docs/industries-pe-ratio-api provides a valuable resource. This API offers daily updated industry PE ratios, allowing you to assess whether the technology sector, where Intel operates, is currently overvalued or undervalued. By leveraging this API and similar valuation tools, investors can make more informed decisions about their technology holdings.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...