'AMD Backend Partners Gearing Up For New Processors' - DigiTimes
Portfolio Pulse from Benzinga Newsdesk
AMD's backend partners, including TSMC, ASE Technology, and Tongfu Microelectronics, are preparing for shipments of AMD's newly announced processors, including its flagship AI chip, set to begin in July.
June 15, 2023 | 1:30 pm
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POSITIVE IMPACT
AMD's new processors, including its flagship AI chip, are set to begin shipments in July, with backend partners gearing up for production.
The news of AMD's backend partners gearing up for shipments of the new processors, including the flagship AI chip, indicates a positive development for AMD. This could lead to increased sales and market share, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TSMC, a backend partner of AMD, is preparing for shipments of AMD's newly announced processors, including its flagship AI chip, set to begin in July.
As a backend partner of AMD, TSMC's preparation for shipments of the new processors indicates a potential increase in business for the company. This could lead to higher revenues and a positive impact on TSMC's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80