Latest news with #CPU
Yahoo
2 days ago
- Yahoo
Intel's Nova Lake-AX CPUs Could Be Monsters For Gaming, With 28 CPU Cores and A Powerful GPU
Intel is rumored to be gunning hard for the lightweight, high-performance, high-efficiency gaming market segment with its next-generation Nova Lake processors. A new class of CPU, called Nova Lake-AX, will reportedly sit above its "H-series" processors, offering greater performance without the need for a discrete GPU for gaming. Where AMD uses the term APU to differentiate its chips with powerful onboard graphics from its usual CPUs with more modest onboard GPUs, Intel doesn't do that. That's exactly what this new Nova Lake-AX design appears to be, though. Alongside a reported 28 CPU cores, it could include 384 execution units on Intel's Xe3P GPU architecture, which could make it much more capable than even Intel's second-generation Arc graphics cards. These are all rumors for now, and Intel hasn't made any kind of official announcement. But serial leaker OneRaichu on X (formerly Twitter) revealed some details on the leaked CPU range (via Videocardz). They suggested the top chip would have up to eight performance cores and 16 efficiency cores, alongside four low-power efficiency cores. If this chip is based on the same architectures as the main desktop and mobile chip lines, these AX CPUs will use Coyote Cove and Arctic Wolf designs for the performance and efficiency cores, respectively. Credit: OneRaichu Raichu also revealed that the new chips will have a 256-bit memory bus and offer support for LPDDR5X memory at up to 10667 MHz—a new record for any kind of commercial chip design. The one big caveat to all this (besides the fact that it's purely a rumor for now) is that the product might not launch at all. Raichu suggests that the CPU was originally considered as an option, but that it may have been shelved in Intel's recent reshuffle and refocus on future chip lines using tighter process nodes. However, if Intel can make a very powerful APU, it may be able to persuade some of the mobile handheld gaming system developers that its chips deserve inclusion instead of AMD. Although AMD is dominating desktop CPU sales, it's arguably the only game in town when it comes to handheld systems like the Xbox Ally X and Lenovo Legion Go S. Intel might have a stake in the laptop gaming market, but that is swiftly dwindling too, as its Core Utra 200 range struggles to find relevance.
Yahoo
3 days ago
- Business
- Yahoo
Calculating The Fair Value Of Computershare Limited (ASX:CPU)
Key Insights The projected fair value for Computershare is AU$36.24 based on 2 Stage Free Cash Flow to Equity With AU$40.00 share price, Computershare appears to be trading close to its estimated fair value The US$37.55 analyst price target for CPU is 3.6% more than our estimate of fair value Today we will run through one way of estimating the intrinsic value of Computershare Limited (ASX:CPU) by taking the expected future cash flows and discounting them to their present value. This will be done using the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Step By Step Through The Calculation We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Levered FCF ($, Millions) US$680.0m US$675.0m US$623.2m US$609.9m US$606.2m US$609.0m US$616.4m US$627.0m US$640.2m US$655.2m Growth Rate Estimate Source Analyst x3 Analyst x3 Analyst x1 Est @ -2.13% Est @ -0.61% Est @ 0.46% Est @ 1.21% Est @ 1.73% Est @ 2.10% Est @ 2.35% Present Value ($, Millions) Discounted @ 6.8% US$637 US$592 US$512 US$469 US$437 US$411 US$390 US$371 US$355 US$340 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$4.5b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.8%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = US$655m× (1 + 2.9%) ÷ (6.8%– 2.9%) = US$18b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$18b÷ ( 1 + 6.8%)10= US$9.2b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$14b. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of AU$40.0, the company appears around fair value at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Important Assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Computershare as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.8%, which is based on a levered beta of 0.883. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Computershare SWOT Analysis for Computershare Strength Debt is well covered by earnings and cashflows. Dividends are covered by earnings and cash flows. Weakness Earnings growth over the past year underperformed the Professional Services industry. Dividend is low compared to the top 25% of dividend payers in the Professional Services market. Expensive based on P/E ratio and estimated fair value. Opportunity Annual earnings are forecast to grow for the next 4 years. Threat Annual earnings are forecast to grow slower than the Australian market. Moving On: Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Computershare, we've put together three further aspects you should explore: Risks: To that end, you should be aware of the 1 warning sign we've spotted with Computershare . Future Earnings: How does CPU's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. Simply Wall St updates its DCF calculation for every Australian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
5 days ago
- Business
- Yahoo
HSBC Upgrades Advanced Micro Devices (AMD) Stock to Buy from Hold
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best Semiconductor Stocks to Buy According to Reddit. The company's stock was upgraded to a 'Buy' rating from 'Hold' by HSBC analyst Frank Lee with a street-high price target of $200. The analyst is now increasingly optimistic about Advanced Micro Devices, Inc. (NASDAQ:AMD)'s long-term growth potential and improved market performance in the GPU (Graphics Processing Unit) and CPU (Central Processing Unit) markets. Furthermore, the analyst noted stronger-than-expected pricing power in the company's AI GPU lineup and increasing confidence in its data center roadmap. A close up of a complex looking PCB board with several intergrated semiconductor parts. Advanced Micro Devices, Inc. (NASDAQ:AMD) and HUMAIN, Saudi Arabia's new AI enterprise, announced the landmark agreement to build the world's most open, scalable, resilient, and cost-efficient AI infrastructure. This is expected to power future of global intelligence via a network of AMD-based AI computing centers stretching from the Kingdom of Saudi Arabia to the US. According to the agreement, the parties are expected to invest up to $10 billion to deploy 500 megawatts of AI compute capacity over the upcoming 5 years. Longriver Investment Partners released its 'Longriver Partners Fund' Q2 2025 investor letter. Here is what the fund said: 'Nvidia's NVLink, its high-bandwidth interconnect, underpins training at scale, where GPUs must coordinate across racks. NVLink Fusion, announced this year, may extend that advantage by letting custom chips plug into Nvidia's system rather than replace it. However, many inference tasks can be handled independently, one GPU at a time. That lowers the importance of networking, and with it, Nvidia's edge in tightly integrated systems. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Yahoo
Intel May Unveil Refreshed Arrow Lake with Better Performance Before the Year is Out
Although Intel hasn't confirmed reports of an Arrow Lake refresh, rumors have circulated for months that we'd see one in the second half of 2025. Now that we're in July, a little more info on the possible refresh is available for the beleaguered CPU. As Wccftech points out, refreshed Intel CPUs typically get a bump in clock speed. That's the expectation for this refresh, which should provide somewhat better performance. But we doubt that Intel would bother with a refresh just for a faster clock—especially in this climate, where AI is everything and Arrow Lake is sadly lacking. At the moment, the Core Ultra 200S series doesn't quite provide the 13 TOPS needed for CoPilot PCs. Intel apparently plans to solve the AI problem for Arrow Lake by adding the NPU4 from Lunar Lake. As Wccftech notes, that could bring the refreshed CPU's TOPs performance to 48, giving it the AI muscle the chip needs. Nova Lake. Credit: Intel We won't know just how much performance improvement the refreshed CPU provides until the launch, but it sounds as though it will be a minor improvement bump. Gaming improvement, if any, will likely be minimal. That said, it's worth remembering that Intel already gave its Core Ultra 200 CPUs serious attention to gaming performance. When concerns arose shortly after the processor's launch in late 2024, Intel created a list of issues and set out a plan for addressing them. That included a brutal Blue Screen of Death (BSOD) problem that turned out to be an issue with some anti-cheat software, rather than Intel's hardware. Intel packed its fixes into BIOS updates and soon had its Arrow Lake CPUs providing much better gaming benchmark results. Intel quietly kept its attention on improving gaming performance for the CPUs and released a new overclocking profile in April, geared at making Arrow Lake a better processor for gaming and in general. So long as you have an unlocked CPU and Intel XMP-supporting memory modules, you can give your PC a decent performance boost in a matter of minutes. If Intel launches refreshed Arrow Lake CPUs this year, they might not have much time in the spotlight. Nova Lake desktop CPUs are on the way for 2026 with loads of cores, DDR5 8000 memory, and a chance to give Intel a win.
Yahoo
01-07-2025
- Business
- Yahoo
Intel's next-gen Nova Lake CPU rumoured to get up to 52 cores, over double the count of Arrow Lake across all segments
When you buy through links on our articles, Future and its syndication partners may earn a commission. According to a detailed post on X, Intel's next-gen Nova Lake desktop CPU will be getting over double the cores of its existing Arrow Lake chips. The top Core Ultra 9 model allegedly packs a staggering 52 cores. But it's arguably the mid-range Ultra 5 that's most interesting given it boasts more cores in every category than Intel's incumbent top desktop processor. The current Intel Core Ultra 9 285K has eight Performance and 16 Efficient cores. However, according to the X post, there will be a Nova Lake Core Ultra 5 model with eight Performance, 16 Efficient and another four Low Power Efficient cores. Meanwhile, the top Core Ultra 9 model crams in 16 Performance, 32 Efficient and four Low Power Efficient cores for that grand total of 52 cores. Even the very lowest end Nova Lake gets 12 cores, with a 4P, 4E and 4 LP-E split. If true, Nova Lake will be the biggest jump in raw CPU performance from Intel in some time. Intel's desktop chips have topped out at eight Performance cores since the Alder Lake generation launched back in late 2021. That generation also offered eight Efficient cores. But while the Raptor Lake follow-up boosted the E-Core count to 16 a year later, Intel hasn't increased core counts since. Indeed, Intel actually deprecated the total thread count when Arrow Lake arrived in October last year on account of removing support for HyperThreading, which enables Performance cores to support two software threads in parallel when present. Anyway, if these core counts are correct, the multi-threading performance of Nova Lake will be pretty epic. If Nova Lake also brings improved IPC from its Performance cores, thought to be codenamed Coyote Cove, and Efficient cores, codenamed Arctic Wolf, then the overall performance uptick could be spectacular. As for how this compares with AMD's future plans, it isn't totally clear. Various rumours point to anywhere from 12-core to 32-core chiplets in AMD's next-gen CPU plans using the upcoming Zen 6 architecture. The former would probably mean a 24-core top desktop CPU, the latter as many as 64 cores given AMD's top desktop CPU conventionally has two CPU core chiplets. However, the 32-core chiplet is probably based on the Zen 6c architecture with compact cores with the full Zen 6 chiplet topping out at either 12 or 16 cores. That would give total core counts of 24 and 32 respectively. With multithreading, you'd be looking at 48 or 64 threads. If you take a pessimistic view, that's 48 threads from 24 full fat Zen 6 cores versus 52 mixed cores from Intel. Game on. However you slice it, it certainly looks like desktop PCs will benefit from a very meaty upgrade when Nova Lake and Zen 6 arrive. Your next upgrade Best CPU for gaming: The top chips from Intel and gaming motherboard: The right graphics card: Your perfect pixel-pusher SSD for gaming: Get into the game ahead of the rest. As for exactly when that will happen, we'd bank on late 2026 for Nova Lake in terms of a launch date with early 2027 a more realistic target for widespread availability. It's not yet clear what production node Intel will use for Nova Lake, with Intel's own 18A and 14A nodes, along with TSMC N2 all mooted as possibilities by various rumours. AMD's Zen 6, meanwhile, may be based on TSMC's N2 node when it arrives, likely in the second half of 2026. AMD has confirmed that the server variant of Zen 6 will definitely use TSMC's next-gen N2 node, which heavily implies, though doesn't absolutely guarantee, that Zen 6 for PCs will use the same technology. Anywho, the latter half of 2026 is certainly shaping up to be pretty exciting for the PC in terms of new CPUs.
