The report that tells Tesla is working on its own self-ruling driving chip along with the showcase of the fact that the company is also working on emerging a new hardware suite with increased computing power. The net/net here for AMD is that Tesla has confirmed AMD's CPU and GPU roadmaps in a field that nobody was considering as viable; it says that AMD's CPU/GPUs in PC and server markets are the real deal in terms of capturing and perhaps exceeding historical peak share in x86 of 25% (now low single digits).
According to CNBC, Tesla, Inc.
Tesla is one of the leading automakers working towards a complete self-driving solution where it will one day be possible to hop in your auto, plug in a destination, and let the vehicle do all of the work. The 7nm-based Navi is scheduled to launch in 2019, the same year Musk promised to deliver Tesla's first-ever autonomous vehicle with self-driving capabilities.
Suu Kyi finally breaks silence on Rakhine state turmoil, invites global scrutiny
The Rohingya community who fled from Myanmar in the end of Aug has become a matter of concern for everyone. On Aug. 25, a Rohingya militant group staged a series of attacks against police outposts in Rakhine state.
Early previous year, with promises of self-driving cars in owners' hands well before any competitor, development of the Tesla Autopilot system for the maker's electric cars was proceeding nicely. As it seems now, they have partnered up with AMD to do so.
"A partnership between Tesla and AMD would make sense to us, given that former chief AMD MPU architect, Jim Keller (designer of AMD's current Zen architecture), left AMD to become Tesla's Head of Autopilot in early 2016", Lipacis wrote. Based on 25 analysts polled by TipRanks in the last 3 months, 15 rate a Buy on Nvidia stock, 7 maintain a Hold, while 3 issue a Sell on the stock. Tesla represents less than 1% of the current auto market, and Nvidia already has partnerships in place with a bunch of other vehicle manufacturers.
Mosesmann reiterated his buy rating on AMD shares and his $22 price target, representing 60 percent upside from Wednesday's close.
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