AMD Returns to Asia, as Intel Surges Towards Advanced Artificial Intelligence

NEW YORK, NY / ACCESSWIRE / March 29, 2017 / AMD will once again return to the Asian market, as the company seeks to use past experience, knowledge and execution to take the lion’s share of the market’s PC chip demands. Intel on the other hand is reorganizing its top cadre management to pave the way for Artificial Intelligence research. The share prices for the two companies are on an upward trend, with both companies closing Monday on a high.

RDI Initiates
Coverage:

Advanced Micro
Devices, Inc. https://ub.rdinvesting.com/news/?ticker=AMD

Intel Corporation https://ub.rdinvesting.com/news/?ticker=INTC

AMD’s stock closed at $13.69 on Monday, with the semiconductor manufacturer reaching a high of $13.86 and dipping to $13.55 yesterday. The company opened the day on a high, with the shares pushing the Bullish bar further right. With a 52-week high of $15.55, the micro-chip maker has fallen marginally short of consistency. The company recently announced its plans to re-enter the chip market.

Top Wall Street analyst Mark Lipacis casted a shadow of certainty regarding the move, citing confidence in the tech company’s ability to penetrate the Asian market successfully. The analyst went on to highlight better execution and high receptiveness derived from past experience as the defining factor of the company’s decision to return to the Asian PC market.

Access RDI’s Advanced Micro Devices Research Report at: https://ub.rdinvesting.com/news/?ticker=AMD

Intel’s shares have been soaring high for the past one week, with the PC hardware manufacturer opening the day yesterday at $35.39 by midday, the value had increased by 0.72% owing to the bullish nature of its stock performance, the countdown is on and all roads are heading north at the moment.

The new management is looking to revamp its top management cadre. Intel is looking to explore artificial intelligence, and a change of management was imminent. The company’s new combined unit headed by Naveen Shenoy as General Manager is an expansion of the AI labs, to facilitate production of more chips. The increased production is meant to cushion demand for chips as the company surges towards dominating the AI market.

Access RDI’s Intel Corporation Research Report at: https://ub.rdinvesting.com/news/?ticker=INTC

Our Actionable Research on Advanced Micro Devices, Inc. (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, a CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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