AMD Unveils Cost-Effective EPYC 4004 Series CPUs For Small Businesses and IT Providers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2024
0mins
Should l Buy AMD?
Source: Benzinga
- AMD EPYC 4004 Series Launch: AMD introduced new processors targeting small and medium businesses and hosted IT service providers, offering cost-optimized solutions powered by "Zen 4" architecture.
- Performance Comparison: A single AMD EPYC 4564P CPU outperforms an Intel Xeon E-2488 CPU in terms of performance per dollar.
- AI Beneficiary Ranking: Analysts rank AMD as the second most critical AI beneficiary after Nvidia, with Microsoft potentially choosing AMD chips for cloud computing clients due to supply issues with Nvidia H100 GPUs.
- Market Share Growth: Despite competition, AMD has seen a boost in market share in the x86 processor market for client and server categories.
- Investment Opportunities: Investors can access AMD through ETFs like AOT Growth And Innovation ETF AOTG and Spear Alpha ETF SPRX, while AMD shares traded lower at $164.33.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AMD?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AMD
Wall Street analysts forecast AMD stock price to rise
33 Analyst Rating
25 Buy
8 Hold
0 Sell
Strong Buy
Current: 203.430
Low
210.00
Averages
289.13
High
377.00
Current: 203.430
Low
210.00
Averages
289.13
High
377.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing and artificial intelligence (AI). Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes AI accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive system-on-Chip (SoC) products for data centers. Client and Gaming segment includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services. Embedded segment includes embedded CPUs, APUs, FPGAs, system on modules (SOMs), and Adaptive SoC products. It markets and sells its products under the AMD trademark. Its products include AMD EPYC, AMD Ryzen, AMD Ryzen PRO, Virtex UltraScale+, among others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Market Rally: The S&P 500 rose by 0.72%, the Dow Jones increased by 0.48%, and the Nasdaq 100 climbed by 1.18%, reflecting growing investor optimism regarding a potential resolution to the Middle East conflict, which has bolstered market confidence.
- Strong Economic Data: The US ADP employment change for March increased by 62,000, surpassing expectations of 40,000, while February retail sales rose by 0.6% month-over-month, indicating robust economic recovery that could influence Federal Reserve policy decisions.
- Interest Rate Expectations: Despite positive economic indicators, hawkish comments from St. Louis Fed President raised concerns about inflation and employment, leading to a mere 1% chance of a 25 basis point rate hike at the upcoming April FOMC meeting, reflecting cautious market sentiment.
- Divergent Stock Performances: Target Hospitality surged over 36% after securing a multi-year contract worth over $550 million, while Nike fell more than 15% due to revenue forecasts indicating a decline, highlighting the market's varied outlook on different companies' futures.
See More
- Stock Surge: Intel's shares closed at $48.03 on Wednesday, up 8.84%, primarily driven by the announcement of a $14.2 billion buyback of Apollo Global Management's 49% stake in its Fab 34 plant in Ireland, thereby restoring full control and enhancing its manufacturing base for AI-related products.
- Volume Spike: Trading volume reached 128.9 million shares, nearly 22% above the three-month average of 106.1 million shares, indicating strong investor interest and confidence in Intel's future AI investment prospects.
- Historical Performance: Since its IPO in 1980, Intel's stock has appreciated by 14,655%, reflecting its long-term competitiveness and market position in the semiconductor industry, even as the market reassesses AI chip demand.
- Market Reaction: Investors are generally optimistic about the deal, believing it will provide Intel with a longer runway for growth in AI investments, although the analyst team noted that Intel was not included in the current list of top investment stocks, suggesting a cautious outlook on its future performance.
See More
- Stock Surge: Intel (INTC) closed at $48.03 on Wednesday, up 8.84%, primarily driven by the announcement of a $14.2 billion buyback of Apollo Global Management's 49% stake in its Fab 34 plant in Ireland, enhancing market confidence in its future AI-related products.
- Volume Spike: Trading volume reached 128.9 million shares, nearly 22% above the three-month average of 106.1 million shares, indicating strong investor interest and enthusiasm regarding Intel's buyback deal, further propelling the stock price upward.
- Strategic Implications: The buyback restores Intel's full ownership of the Fab 34 facility, marking a strategic shift in the company's AI investment approach, which is expected to provide robust support for future manufacturing capabilities and market competitiveness.
- Investor Confidence Boost: Investors generally believe that Intel's long-term potential in AI investments will help drive its stock price higher, reflecting a significant improvement in the company over the past two years and showcasing optimistic market expectations for its future development.
See More
- Impressive Earnings: Micron Technology's latest earnings report revealed quarterly revenue nearing $24 billion, nearly tripling year-over-year and exceeding market expectations by nearly $4 billion; however, the stock fell about 2.8%, indicating market caution regarding future growth.
- Doubling Gross Margin: The company's gross margin doubled year-over-year to approximately 74%, an extraordinary feat for a mature company, reflecting significant pricing power amid surging demand for AI infrastructure.
- Strong Guidance: Micron's revenue guidance for the current quarter is set at $33.5 billion, well above analysts' expectations of $24.3 billion, suggesting a nearly 50% gross margin and indicating continued benefits from the AI investment surge.
- Strategic Customer Agreements: Micron is entering into long-term strategic agreements with customers, marking its first five-year contracts, which will provide greater business predictability and could alter the cyclical nature of the memory chip industry.
See More
- Impressive Earnings: Micron Technologies reported nearly $24 billion in revenue for the latest quarter, nearly tripling year-over-year and exceeding market expectations by approximately $4 billion, with gross margins doubling to 74%, reflecting strong market demand and pricing power.
- Strong Future Guidance: The company guided for $33.5 billion in revenue for the upcoming quarter, significantly above analysts' expectations of $24.3 billion, indicating robust confidence in AI infrastructure investments that could drive sustained future growth.
- Strategic Customer Agreements: Micron is entering long-term strategic agreements with customers, including its first five-year contract, enhancing visibility into future business and potentially altering the cyclical nature of the memory market, thereby boosting the company's competitive edge.
- Cautious Market Reaction: Despite the strong earnings report, Micron's stock fell by 2.8%, partly due to market concerns over potential Fed interest rate hikes and geopolitical tensions in the Middle East, reflecting investor caution regarding future demand.
See More
- Buying AI Stocks: Cathie Wood is strategically investing in AI stocks during market dips, recently selling 4,189 shares of Alphabet, 5,707 shares of Broadcom, and 120,936 shares of Nvidia in her Ark Innovation fund, showcasing her opportunistic approach amid volatility.
- Portfolio Adjustments: While reducing positions in several AI leaders, Wood retains AMD as one of her top ten holdings, indicating her continued confidence in the company's long-term potential, with AMD accounting for 4% of the fund's weight.
- New Investment Opportunities: During the market correction, Wood purchased 41,830 shares of CoreWeave, reflecting her belief in innovative opportunities within the AI sector, particularly in cloud capacity, which aligns with her forward-looking investment strategy.
- Investment Strategy Considerations: Wood's approach emphasizes long-term holding, advising investors to assess their risk tolerance when selecting AI stocks, especially in the current market environment, where seeking companies with stable earnings growth may be a more prudent choice.
See More











