What To Expect From Advanced Micro Devices Inc. (NYSE:AMD) Radeon R9 290X?
Chipmakers have been news makers this week. First it was Advanced Micro Devices, Inc. (NYSE:AMD) with its much-hyped graphics chip- R9 290X – at $549 per card. As if in competition NVIDIA Corporation (NASDAQ:NVDA) lowered the price on its GeForce GTX 780 card from $650 to$499. Recent AMD cards, such as the – Hawaii GPU architecture, Radeon R290– retail at $399.
However, NVIDIAs crop of cards are found to be quieter and less hot than AMD cards. This has put a lot of pressure on AMDs performance at the stock market as well. Currently, Advanced Micro Devices ranged between $3.33 and $3.45, closing at $3.44 as of Nov 12, recording 2.88% increase over previous.
In the meanwhile Intel continues to grow at the cost of AMD.
Intel Corporation (NASDAQ:INTC) rose by 0.70% closing Nov 13 trading day at $24.60.
Currently, Intel has moved to add smartphone and tablet architecture capability to its repertoire and – Bay Trail – processors running on some of these smart devices is expected to make significant inroads. Bay Trail is categorized as ‘Other Intel Architecture’ and is expected to earn $2 billion for the next quarter. Significantly, this would be double the sales this segment saw last year, at $1billion.
Qualcomm Inc (NASDAQ:QCOM), one of the top-line mobile and smartphone chip makers, too moved up to close at $70.03, up by 2.22%.
It is expected that low-cost handsets will dominant sales in the next quarters.
Therefore, it is a challenge for these chip makers to remain relevant to the market demands. The highest volume sales continue to be in the smart phone and mobile, handset divisions, while PC sales are witness to significant drop in sales.
Chip makers are continually challenging technical limits to bring high-end, low-heat generating, cooler chips for handset makers. As the market heats, up all of the major chip makers stand bright chance ahead.