Advanced Micro Devices (NASDAQ:AMD) is broadening its product range with the introduction of the Ryzen Embedded 7000 Series processor family, tailored to meet the demanding performance needs of industrial markets.
Employing cutting-edge 5 nm technology and backed by a 7-year manufacturing availability commitment, the Ryzen Embedded 7000 Series integrates Zen 4 architecture and Radeon graphics. This makes it well-suited for diverse embedded applications, such as industrial automation, machine vision, robotics, and edge servers.
Anticipated to capitalize on a robust partner network including Advantech, ASRock, and DFI, the latest solution marks another stride in AMD’s commitment to the industrial sector.
AMD is reinforcing its position in the enterprise data center landscape by harnessing the capabilities of fourth-generation EPYC CPUs and Pensando data processing units.
Recently bolstering its presence in the gaming sector, AMD introduced the AMD Radeon RX 7900M, a laptop GPU, and the Alienware m18 laptop.
In the data center domain, AMD is making significant advancements by unveiling Ryzen Threadripper PRO 7000 WX-Series processors, catering to the needs of professionals and businesses seeking top-tier performance and security. Additionally, the Ryzen Threadripper 7000 Series processors are making a comeback for high-end desktop users.
Leveraging a Solid Partner Network
AMD, in collaboration with partners like Dell Technologies (NYSE:DELL), Microsoft (NASDAQ:MSFT), Amazon Web Services (“AWS”), Alibaba, and Oracle, is actively providing solutions that facilitate enhanced data center consolidation.
Key cloud providers, including Microsoft, AWS, Alibaba, and Oracle, have deployed Genoa. The significance of Bergamo’s availability is underscored as server providers such as Dell, HPE, Lenovo, and Supermicro prepare to unveil their new Bergamo-based platforms.
In a strategic move, AMD acquired Nod.ai, a compiler-based automation software provider, enhancing its capabilities. This acquisition is poised to accelerate the deployment of AI solutions across AMD’s product lines, encompassing data center accelerators, processors, and GPUs.
This acquisition positions AMD for increased competitiveness against NVIDIA (NASDAQ:NVDA) in the software market, with NVIDIA offering a development environment through its CUDA toolkit for creating high-performance GPU-accelerated applications.
These strategic initiatives are expected to propel AMD’s prospects in the short term. AMD anticipates third-quarter 2023 revenues to reach $6.1 billion (+/-$300 million), reflecting a 9% year-over-year growth and a 5% sequential increase.
AMD foresees double-digit percentage growth in both the Data Center and Client segments on a year-over-year basis. Additionally, sequential projections indicate a double-digit percentage growth in Data Center segment revenues, with an upward trend expected in the Client segment.
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