AMD Expands Alveo Portfolio, Provides Trading Firms, Market Makers And Financial Institutions With A Slim Form Factor Accelerator Optimized For Rack Space, Cost And Designed For A Fast Path To Deployment In A Wide Range Of Servers
Portfolio Pulse from Benzinga Newsdesk
AMD has launched the Alveo UL3422 accelerator card, designed for ultra-low latency electronic trading applications. This new product is optimized for rack space and cost, and is aimed at trading firms, market makers, and financial institutions.
October 14, 2024 | 1:03 pm
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AMD has introduced the Alveo UL3422 accelerator card, targeting trading firms and financial institutions with a focus on ultra-low latency and cost efficiency.
The launch of the Alveo UL3422 is significant for AMD as it expands its product offerings in the financial sector, targeting a niche market with high demand for low-latency solutions. This could lead to increased sales and market share in this segment.
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