Every year we cover the Consumer Electronic Show (CES), aka the biggest tech show on earth. And this year it’s no different. The 2019 CES show wraps up tomorrow in Las Vegas. The world’s biggest and smallest tech companies (bar Apple) use this show to unveil all their hottest and most futuristic products. LG’s see-through and vibrating OLED TVs anyone?! Here we take a deeper dive into the latest releases from four major companies:
Advanced Micro Devices (AMD – Research Report)
AMD created a buzz at CES following the unveiling of its new third generation Ryzen desktop processor. This was debuted alongside a surprise new high-end gaming card called Radeon 7.
“This system is the most advanced PC gaming hardware in the world, together in one system — third gen Ryzen, [and] Radeon VII,” AMD CEO Lisa Su told attendees. Some details:
The third-generation Ryzen product will be available in mid-2019. It has one 8-core 7nm chiplet made at TSMC and a 14nm input/output chiplet with dual memory controllers. This should produce a +15–20% performance increase, on par with the Intel Core i9-9900K. Importantly, however, power consumption of ~132W (system power) is materially lower- giving AMD a key advantage.
Meanwhile the Radeon 7 is priced at $699 and will be 29% and 39% faster at gaming and content creating than the Vega 64. This is on top of memory bandwidth of 1,024 GB/s – more than double the bandwidth when compared to the Vega 64.
RBC Capital’s Mitch Steves (Track Record & Ratings) called the product announcements ‘positive’ but noted that bullish investors were hoping for a faster release of Ryzen 3 (mid 2019 is approx one quarter later than expected). See what other Top Analysts are saying about AMD.
Nvdida (NVDA – Research Report)
Five-star Oppenheimer analyst Rick Schafer (Track Record & Ratings) caught up with Nvidia management during CES.
“Tone of the meeting was confident as mgmt recapped NVDA’s keynote announcement of its new RTX 2060 card” Schafer reported.
The 2060 is the latest addition to the Turing family, and at a cost of $349 targets the high-volume mid-tier gamer. Legacy Pascal 1060 is now about ~2.5 years into its life, and management sees gamers ready to move up the stack.
More generally, Schafer views the current crypto-related channel inventory issue as transitory. That’s with NVDA’s long-term structural growth drivers in DC AI, gaming, autonomous all intact.
He concludes: “We view NVDA as a secular growth/GM expansion story, increasingly rare in the semiconductor group, and maintain our Outperform rating.”
In terms of shares, Schafer’s $250 price target suggests a massive 75% upside potential from the current share price. See what other Top Analysts are saying about NVDA.
Alphabet (GOOGL – Research Report)
This piece wouldn’t be complete without a mention of Google’s scene-stealing rollercoaster at CES. Ok rollercoasting may be a bit of an exaggeration, but it was definitely a real-life ride:
And it looks like 2019 will be the year of GOOGL’s voice powered AI system aka Google
Assistant. GOOGL announced multiple new features for the Assistant, including a
savvy new verbal translation feature called Interpretation Mode; a deeper sync
with Google Maps; and compatibility with Sonos speakers and Samsung TVs.
Bear in mind, GOOGL expects Assistant to be on 1 billion devices total by the end of this month. That’s incredibly rapid growth from this time last year when the figure stood at ‘just’ 400 million. See what other Top Analysts are saying about GOOGL.
Amazon (AMZN – Research Report)
Amazon also hyped up its own voice-powered system Alexa. In fact, Alexa is now compatible with pretty much every kind of product you can think of. There’s a smart lock, a smart bathroom (with voice-lighted mirror), a ring door view camera, and even a multicooker.
However another activity also caught the attention of the media. CNBC reports that behind the scenes, Amazon is arranging private meetings with third-party sellers. These meetings take place in a special room called One Amazon. The purpose: to promote a new seller support service called Marketplace Growth.
The program costs a relatively pricey $2,500 – $5,000 a month, and promises to help sellers with everything from creating a business plan to pinpointing the best advertising keywords. Notably, this is as well as the fees already paid to Amazon by pro sellers, including a percentage of each sale. See what other Top Analysts are saying about AMZN.
Enjoy Research Reports on the Stocks in this Article:
Advanced Micro Devices (AMD) Research Report
Alphabet (GOOGL) Research Report
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