Amazon Says Amazon Web Services Will Offer 'Genoa' AMD CPU Starting Later This Year
Portfolio Pulse from Benzinga Newsdesk
Amazon announced that its cloud computing subsidiary, Amazon Web Services (AWS), will offer AMD's 'Genoa' CPU starting later this year.
June 13, 2023 | 5:16 pm
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POSITIVE IMPACT
AMD's 'Genoa' CPU will be offered by Amazon Web Services starting later this year, potentially increasing AMD's market share in the cloud computing sector.
The partnership with AWS will provide AMD with a significant platform to showcase its 'Genoa' CPU. This could lead to increased adoption of AMD's products in the cloud computing sector, potentially driving up demand and positively impacting AMD's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Amazon's AWS will offer AMD's 'Genoa' CPU starting later this year, potentially enhancing AWS's cloud computing capabilities and attracting more customers.
By offering AMD's 'Genoa' CPU, AWS can potentially enhance its cloud computing capabilities, making it more attractive to customers. This could lead to increased revenue for AWS and have a positive impact on Amazon's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100