This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Advanced Mirco Devices Jumps on New Server Chips

NEW YORK ( TheStreet) - Chip maker Advanced Micro Devices (AMD - Get Report) was gaining in New York after the semiconductor maker said its next generation of server processors will run on ARM (ARMH)-based Cortex technologies rather than Intel's (INTC - Get Report) x86 format.

Advanced Micro Devices was gaining 1.2% to $410 in afternoon trading. Shares have surged 70% in 2013 compared to a 16% advance for the S&P 500.

ARM-based chips can be found in smartphones and tablets which run Google's (GOOG - Get Report) Android, Apple's (AAPL - Get Report) iOS and some Microsoft (MSFT - Get Report) Windows 8 devices.

And these AMD processors won't be just any old kind of chips which power servers. AMD is promising a completely new line of devices, currently codenamed "Moscow", to be built around ARM's 64-bit, Cortex-A57 line of processors either 8-core or 16-core, clocking-in at a minimum of 2 GHz. Top-of-the line silicon for super, high traffic machines.

These new AMD devices will reportedly be capable of up to four times the performance of their current Opteron X (6300/4300) models.

AMD hopes the bold move will help it to - in their words - recapture market share in enterprise and data center servers by unveiling innovative products that address key technologies and meet the requirements of the fastest-growing data center and cloud computing workloads". In other words, distance themselves from being known as the other guys who make x86 processors.

Further down AMD's server processor line X86 technology will continue to rule. Their next generation "Stremroller" chip (codenamed "Berlin") will also be super efficient with eight times the computing-per-watt as the current Opterom 6386SE equivalent. There will also be new "Warsaw" x86 chips meant to challenge Intel's Atom devices.

According to their just-published timetable, AMD is promising these new processors to reach the marketplace in mid-2014.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to:
Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 -0.11%
AMD $3.74 5.35%
ARMH $41.13 -0.15%
GOOG $698.21 0.75%
INTC $30.61 1.09%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs