Advanced Micro Devices (NASDAQ:AMD) is on an upward trajectory with its expanding customer base. The company recently revealed a strategic partnership with Hitachi Astemo, wherein AMD’s adaptive computing technology will fuel Hitachi Astemo’s innovative stereo-format forward-looking camera.
Forward cameras are pivotal components in the camera systems of autonomous vehicles and advanced driver assistance systems, enhancing safety and precision in vehicles. Hitachi Astemo’s camera, designed for adaptive cruise control and autonomous emergency braking, promises to elevate the safety standards of next-generation vehicles by substantially enhancing their vision capabilities.
The AMD Automotive XA Zynq UltraScale+ multi-processor system-on-a-chip (MPSoC) is at the heart of this camera, providing both stereo and monocular image processing capabilities. This advanced technology enables the camera to detect objects within a remarkable 120-degree field of view, a threefold improvement compared to its predecessor.
One of the standout features of Hitachi’s AI-enhanced camera system is its real-time processing capabilities. This functionality empowers autonomous vehicles to proactively identify and respond to potential hazards, offering critical information and assistance to drivers when needed most.
AMD’s Strong Partner Ecosystem Boosts Growth
AMD’s growth is further fueled by its robust partner network, featuring tech giants like Microsoft, Amazon Web Services, Alibaba, and Oracle. These cloud providers have already deployed Genoa in the second quarter of 2023.
AMD is diligently expanding its presence in the enterprise data center domain, capitalizing on the capabilities of its fourth-generation EPYC CPUs and Pensando data processing units (DPUs). The synergy between EPYC CPUs, Pensando DPUs, and adaptive computing products positions AMD as the go-to solution for enhanced virtualized environments.
AMD, in collaboration with its partners, continues to offer solutions that facilitate more efficient data center consolidation. The exceptional performance of EPYC CPUs makes them the preferred choice as data center applications become increasingly complex. AMD Pensando DPUs step in to offload infrastructure services from CPUs, freeing up valuable processing cycles.
Furthermore, the growing adoption of fourth-generation EPYC CPUs by enterprises is a significant driver of AMD’s success. In the second quarter of 2023, the adoption of fourth-generation EPYC CPUs surged, nearly doubling sequentially as cloud providers expanded their deployments to support both internal infrastructure and public instance offerings.
Currently, there are over 670 publicly available cloud instances powered by AMD, and this number is projected to grow by 30% to reach 900 by the end of 2023, primarily driven by the adoption of Genoa.
Additionally, the impending availability of Bergamo is of paramount importance, as several server providers like Dell, HPE, Lenovo, and Supermicro are gearing up to launch their new Bergamo-based platforms in the third quarter of this year.
These factors collectively paint a promising picture for AMD’s near-term prospects. The company anticipates third-quarter 2023 revenues to reach approximately $5.7 billion, with a slight margin of variation, signifying year-over-year growth of 2.5% and sequential growth of 6.5%.
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