NTDOY - Meet AMD's Next Big Growth Driver
Sony 's PlayStation 5 and Microsoft 's Xbox Series X/S models have given Advanced Micro Devices (NASDAQ: AMD) a big lift. AMD's enterprise, embedded, and semi-custom (EESC) business has gone supersonic since the second half of 2020 when the PS5 and the Xbox Series X/S went into production and were made available for sale, which isn't surprising given that the consoles are powered by AMD's semi-custom chips.
Now AMD's semi-custom business is slated to receive another shot in the arm with the arrival of Valve's Steam Deck, a handheld gaming console that will compete against Nintendo 's (OTC: NTDOY) popular Switch handheld gaming system. Let's see what this new console is all about, and why it could move the needle in a big way for AMD.
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Meet AMD's Next Big Growth Driver