KeyBanc Sees Steady Cloud Growth Resuming Led By Intel; Nvidia, AMD
The May results indicate cloud instances resumed solid sequential growth driven by computing processors as per KeyBanc analyst John Vinh. He noted that the growth was led mainly by Intel Corp (NASDAQ: INTC ) instances, while NVIDIA Corp (NASDAQ: NVDA ) and Advanced Micro Devices, Inc (NASDAQ: AMD ) instances increased modestly. Ice Lake primarily drove INTC CPU instances. NVDA GPU instances grew led by the ramps of Ampere, mostly at Alibaba Group Holding Limited (NYSE: BABA ). AMD CPU instances … Full story available on Benzinga.com
KeyBanc Sees Steady Cloud Growth Resuming Led By Intel; Nvidia, AMD
The May results indicate cloud instances resumed solid sequential growth driven by computing processors as per KeyBanc analyst John Vinh. He noted that the growth was led mainly by Intel Corp (NASDAQ: INTC ) instances, while NVIDIA Corp (NASDAQ: NVDA ) and Advanced Micro Devices, Inc (NASDAQ: AMD ) instances increased modestly. Ice Lake primarily drove INTC CPU instances. NVDA GPU instances grew led by the ramps of Ampere, mostly at Alibaba Group Holding Limited (NYSE: BABA ). AMD CPU instances … Full story available on Benzinga.com