Bulletin
Investor Alert

Market Pulse Archives

March 19, 2019, 1:46 p.m. EDT

Google confirms AMD will power streaming-videogame service

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Alphabet Inc. Cl A (GOOGL)
  • X
    Alphabet Inc. Cl C (GOOG)
  • X
    Advanced Micro Devices Inc. (AMD)

or Cancel Already have a watchlist? Log In

By Jeremy C. Owens

Alphabet Inc.'s /zigman2/quotes/202490156/composite GOOGL +0.58% /zigman2/quotes/205453964/composite GOOG +0.47% Google-branded streaming-videogame service will be powered by Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD -3.59% chips, Google executives confirmed Tuesday. AMD shares were more than 7% higher in Tuesday trading, after Morgan Stanley analysts predicted the announcement ahead of trading. AMD Chief Executive Lisa Su revealed earlier this year at CES that AMD and Google had worked together on the beta test of the service, known as Project Stream. At an event Tuesday in connection with the Game Developers Conference in San Francisco, Google executives said that the partnership will lead to thousands of exclusive custom AMD gaming chips in Alphabet data centers to run the service, which Google calls Stadia. Alphabet shares were trading about 0.6% higher Tuesday.

/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,421.37
+8.13 +0.58%
Volume: 2.23M
May 26, 2020 4:00p
P/E Ratio
28.68
Dividend Yield
N/A
Market Cap
$769.02 billion
Rev. per Employee
$1.39M
loading...
/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,417.02
+6.60 +0.47%
Volume: 2.06M
May 26, 2020 4:00p
P/E Ratio
28.59
Dividend Yield
N/A
Market Cap
$769.02 billion
Rev. per Employee
$1.39M
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 53.19
-1.98 -3.59%
Volume: 51.62M
May 26, 2020 4:00p
P/E Ratio
128.35
Dividend Yield
N/A
Market Cap
$64.61 billion
Rev. per Employee
$641,089
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.