AMD: shares rise over 7% on chip launch.
(CercleFinance.com) - AMD said it has launched its new high-performance datacenter chip, Epyc, which has sent its shares soaring over seven percent on the Nasdaq.
The US chipmaker said that the world's largest server manufacturers have developed products based on the Epyc line, including HPE, Dell, Asus, and Lenovo.
The company dropped other partners' names such as Microsoft, Red Hat, and VMware, along with Samsung Electronics, and Xilinx, which also featured in Epyc-optimized platforms.
With Bloomberg and Dropbox voicing their support at the launch, cloud datacenter customers Microsoft Azure and Baidu have already announced deployments.
The company's shares are up 7% at 13.5 dollars in morning trading on the Nasdaq. They reached an all-time high of 15.5 dollars earlier this year.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The US chipmaker said that the world's largest server manufacturers have developed products based on the Epyc line, including HPE, Dell, Asus, and Lenovo.
The company dropped other partners' names such as Microsoft, Red Hat, and VMware, along with Samsung Electronics, and Xilinx, which also featured in Epyc-optimized platforms.
With Bloomberg and Dropbox voicing their support at the launch, cloud datacenter customers Microsoft Azure and Baidu have already announced deployments.
The company's shares are up 7% at 13.5 dollars in morning trading on the Nasdaq. They reached an all-time high of 15.5 dollars earlier this year.
Copyright (c) 2017 CercleFinance.com. All rights reserved.