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AMD Stock Forecast: AMD Plus Tesla Could Be A Championship Team For Self-Driving Cars

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Intel recently announced that it is working with Google’s Waymo to develop level 4/level 5 autonomous vehicles. Intel's stock did not benefit from this official announcement.
CNBC reported that Waymo’s rival, Tesla is working with AMD to develop its custom AI processor. AMD's stock rallies +6.4% during after-hours trading after CNBC's report.
Nvidia is currently supplying the Tegra processor for Tesla’s self-driving car test unit. AMD probably secretly helping Tesla build its own Autopilot AI processor is a huge confidence booster.Unlike Nvidia, AMD can create AI processors using x86, ARM, and GPU technologies. AMD’s ex-employee Jim Keller is Tesla’s head of its Autopilot program.
Unlike Nvidia, AMD can create AI processors using x86, ARM, and GPU architectures. AMD’s ex-employee Jim Keller is Tesla’s head of its Autopilot program.
Supplying artificial intelligence processors for self-driving car is one way AMD can benefit from the fast-growing AI chipsets market.

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

BlackBerry is reported to be testing an anti-hack/security service for vehicles.
Luxury car makers Aston Martin and Range Rover are testing BlackBerry’s service that can scan idle cars for viruses and other security threats.
Automotive security is definitely an important service that people will gladly pay for to help keep their connected/smart cars safe.
BlackBerry’s brand power and long history of providing the best enterprise security services could help it gain a foothold in the Automotive- Security-as-a-Service industry.
BBRY has buy signals from the near and long-term market trend algorithmic forecasts of I Know First.