Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks on Jim Cramer’s radar recently. Cramer highlighted the talk of the company’s quantum work. He commented: “AMD, similarly, supply-constrained for much of its product line. CEO Lisa Su never abandoned traditional PCs in her zeal for, to be in GPUs. Smart thinking, that, plus talk of AMD’s quantum work with IBM on yesterday’s call, lifted the stock 7.6%, to a new high.” Advanced Micro Devices, Inc. (NASDAQ:AMD) makes semiconductors such as CPU ...

On Oct. 9, 2025, BDF-GESTION disclosed it sold 39,327 shares of Advanced Micro Devices (AMD -7.78%) in Q3 2025, an estimated $6.35 million transaction.What happenedBDF-Gestion disclosed in a U.S. Securities and Exchange Commission (SEC filing) dated Oct. 9, 2025, that it sold 39,327 shares of Advanced Micro Devices in Q3 2025. The trade’s estimated value, based on the average closing price for the period, was approximately $6.35 million. As of Sept. 30, 2025, the fund reported holding 32,997 shares worth $5 ...

以下文章来源于极客公园 ，作者芯芯 英特尔是否能靠Panther Lake重整旗鼓？ 作者丨 芯芯 编辑丨 靖宇 来源丨 极客公园 极客公园 . 用极客视角，追踪你最不可错过的科技圈。欢迎同步关注极客公园视频号 将投中网设为"星标⭐"，第一时间收获最新推送 2025 年的秋天，对英特尔来说又是一个临界点。 这家曾经定义了硅谷的「硅」的巨头，面对 AMD、苹果、高通等后起之秀的多线夹击，一度在设计 与制造两端双双失速。 从错过移动手机市场的爆发，PC 市场主导地位逐渐被蚕食，到各种技术决策失误，昔日的硅谷巨人 疲态尽显。如今，一切希望，似乎都压在了一颗芯片上。 就在 2025 年 10 月 9 日，英特尔在亚利桑那州公布酷睿 Ultra 系列第三代处理器的架构细节， 这是首款基于英特尔 18A 工艺节点打造的客户端系统级芯片（SoC），代号为 Panther Lake 。 在经历多年设计和制造双重失速、管理层更迭与战略大回转之后，Panther Lake 被赋予了超越产品 本身的意义。它既要证明 18A 的可行性，也要让资本、政府与潜在客户相信，英特尔的「造芯能 力」值得押注。 英特尔是否能靠 Panther ...

Core Insights - The difference between consumer-grade chips and automotive-grade chips is significant, particularly in terms of safety and reliability standards [1][2][3] - Automotive-grade chips must meet stringent certification requirements, such as AEC-Q series and ISO 26262, while consumer-grade chips do not have mandatory safety certifications [2][3] - The trend in the automotive industry is shifting towards the use of automotive-grade chips due to their higher safety and reliability standards [8] Consumer-grade vs Automotive-grade Chips - Consumer-grade chips have a defect rate allowance of up to 500 PPM, while automotive-grade chips typically require a defect rate of less than one in a million [1][3] - Automotive-grade chips are designed to operate in extreme conditions, with temperature ranges from -40°C to 150°C, compared to consumer-grade chips which operate in a comfortable indoor environment of 0°C to 70°C [3] - The use of consumer-grade chips in vehicles has been linked to safety concerns, particularly in extreme weather or collision scenarios [6][7] Industry Trends - Major automotive manufacturers like NIO, BYD, and Xpeng are increasingly developing their own automotive-grade chips to meet safety and performance demands [8][11] - Despite the trend towards self-developed chips, many manufacturers still opt for sourcing due to the high costs associated with developing automotive-grade chips [11] - Companies like Qualcomm and various domestic chip manufacturers are actively pursuing the automotive-grade chip market to meet the growing demand for advanced automotive technologies [11][12] Challenges in the Automotive Chip Market - The automotive chip industry in China is still in a developmental phase, with challenges such as a lack of advanced design tools and verification processes for high-function safety chips [12] - The market is becoming increasingly competitive, with a growing emphasis on cost sensitivity among manufacturers [11]

Core Viewpoint - AMD is advancing towards a more specialized CPU design strategy, planning to offer multiple versions of the same architecture to meet diverse performance and efficiency needs, starting with the Zen 7 series [1][2]. Summary by Sections Zen 7 Architecture - AMD plans to introduce at least four different versions of the Zen 7 architecture, targeting high-performance desktops, servers, low-power laptops, and handheld devices [1]. - The architecture will include classic Zen 7 for high performance, dense Zen 7c for high core count servers, low-power Zen 7 for efficiency, and efficient Zen 7 focusing on IPC [1][2]. Core and Cache Specifications - Each Zen 7 core is expected to feature 2MB of L2 cache, double that of Zen 5, and up to 7MB of stacked L3 3D V-Cache, manufactured using TSMC's 4nm process [3][5]. - The Zen 7 architecture is anticipated to improve IPC performance by 15% to 25% compared to Zen 6, with an initial target of over 20% [3][6]. Manufacturing and Technology - AMD is reportedly utilizing TSMC's 1.4nm technology for Zen 7 core chips, which would represent cutting-edge technology at the time of release [4]. - The design includes a new type of pure 3D core with extensive cache, which is expected to significantly enhance performance as core counts increase [4][5]. Release Timeline - Zen 7 is projected to begin tape-out by the end of 2026, with an official release expected in late 2027 or early 2028 [3][6].

Core Viewpoint - AMD's Q1 2025 financial performance shows strong revenue growth driven by data center and client segments, despite challenges in the embedded sector and new export regulations impacting margins [1][3][24]. Financial Performance - Q1 2025 revenue reached $7.4 billion, a 36% year-over-year increase, but a 3% decline quarter-over-quarter, with a gross margin of 54% [1][19]. - Operating income was $1.8 billion, with an operating margin of 24%, and diluted EPS was $0.96, reflecting a 55% year-over-year increase [19][24]. Segment Performance Data Center - Data center revenue was $3.7 billion, up 57% year-over-year but down 5% quarter-over-quarter, driven by strong sales of AMD Instinct GPUs and EPYC CPUs [2][20]. - The segment's operating income was $932 million, accounting for 25% of total revenue, indicating a significant market share increase [20]. Client and Gaming - Client and gaming revenue totaled $2.9 billion, a 28% year-over-year increase, with client revenue at $2.3 billion, up 68% year-over-year [2][20]. - The strong demand for the latest Zen 5 architecture and high-end Ryzen processors contributed to this growth, although gaming revenue declined by 30% due to a drop in semi-custom product sales [2][14]. Embedded - Embedded revenue was $823 million, down 3% year-over-year and 11% quarter-over-quarter, with slow recovery in terminal market demand [2][17]. Guidance and Future Outlook - For Q2 2025, AMD expects revenue between $7.1 billion and $7.7 billion, with a midpoint representing a 27% year-over-year increase, but gross margin is projected to decline to 43% due to new export regulations [3][23]. - The company anticipates a strong rebound in data center GPU sales in the second half of 2025, driven by the launch of the MI355 series [3][29]. Strategic Developments - AMD has completed the acquisition of ZT Systems, enhancing its capabilities in AI and data center solutions [11][24]. - The company plans to accelerate the production of the next-generation EPYC processors and MI400 series, with significant customer interest in the MI350 series [3][12][13]. Market Trends - The demand for AI infrastructure is expected to grow, with AMD's products positioned to capitalize on this trend, particularly in the data center and embedded markets [24][34]. - The company is focusing on optimizing its product mix and expanding its market share in the client segment, particularly in high-end desktop and commercial PCs [14][15].