NEW YORK, NY / ACCESSWIRE / March 13, 2017 / Microchip manufacturers are looking beyond the traditional consumer markets and are shifting towards futuristic sectors such as artificial intelligence (AI) and improving the speed and quality of cloud-based hardware and services. As the focus shifts, it allows secondary chip providers to gain ground on established manufacturers such as Intel.

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Several investment analysts have given microprocessor manufacturer Advanced Micro Devices a buy rating over the past week. The stock closed at $13.91 on Friday, up 58 cents a share. This is the continuation of an upward trend that can be traced back to a year ago. This in spite of the flat consumer reviews of its latest Ryzen chip technology which caused a 7 percent drop in its stock price recently. There have also been confirmed rumors of insider selloffs, which totaled more than 45 million shares. The story behind the story is that the SEC was notified of the selloff, by the Mubadala development company, but was done in order to exercise $75 million of warrants it has of AMD stock. Exercising the options on the warrants and buying more AMD stock will effectively increase its investment to 17.4 percent from its previous 15.6 percent.

From a broader perspective, analysts who are sending a buy signal see that AMD is beginning to outperform its major competitor, Intel, over the last quarter and while posing any immediate overthrow of the microchip giant, the company has a significant upside potential in the short term. AMD has benefitted from a change in the S&P 500 stock exchange market cap limit increase to $6.1 billion, and has now become a member of the S&P 500.

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NVIDIA's computer chip technology is in some of the most advanced and futuristic technologies, including automated driving, virtual reality and artificial intelligence. Its stock climbed 58 cents a share on Friday to close at $99.12. Though it has fallen precipitously from a $120+ stock price less than a month ago, many investment analysts continue to favor the stock. Its current focus on installing AI chips in cloud-based systems and data centers is a driving force in investor optimism. The fact that numbers don't lie shows up in NVIDIA's reported revenues of $6.91 billion for fiscal 2017 ? a record.

Earlier in the last month, NVIDIA announced its 4th quarter earnings results: an increase of 59 cents per share and a 55 percent increase in sales compared with the fiscal year reporting of the 4th quarter of 2016. The company has also increased its gross profit margins from 56 percent to 60 percent compared to the same reporting period one year ago. The financial data suggests that NVIDIA has an excellent market position for expansion and increasing sales.

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Today's Tickers:

Advanced Micro Devices, Inc. (NASDAQ: AMD)

NVIDIA Corporation (NASDAQ: NVDA)

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, a CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information, please read our full disclaimer at www.rdinvesting.com/disclaimer.

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