Amazon (AMZN) Gains Competitive Edge with Graviton3 Instances
Zacks Investment Research | Dec 01, 2021 09:10PM ET
Amazon
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Meanwhile, Microsoft and Google are yet to incorporate Arm-based chips in their cloud platforms. Reportedly, Microsoft has forayed into designing in-house Arm-based chips for Azure servers and Surface PCs. The Zacks Rank #3 company intends to produce a processor for use in its data centers by leveraging Arm designs. Alphabet’s Google has hired Intel (NASDAQ:INTC) engineering veteran Uri Frank in an effort to design server chips. This is in sync with the Zacks Rank #1 company’s increasing investment in customizing its chips in order to reduce energy use and increase performance across its cloud business.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer (NYSE:SAM) Company which shot up +143.0% in a little more than 9 months and Nvidia (NASDAQ:NVDA) which boomed +175.9% in one year.
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