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Applied Micro (AMCC) Launches New Server-on-a-Chip Product

Leading computing and connectivity solutions provider Applied Micro Circuits Corporation AMCC recently announced its third generation Server-on-a-Chip (R) solution, X-Gene(R) 3. In an attempt to gain greater market share, AMCC has been launching products and solutions at regular intervals.

The X-Gene 3 is the third generation of server on chip by AMCC and the most advanced to date. The new chip is expected to perform four-to-six times better than the company's existing X-Gene products. The X-Gene family powers ARM (Advanced RISC Machine) servers used by the latest enterprise and hyperscale data center operators. Combined with AppliedMicro's extensive industry partnerships, the new X-Gene 3 is expected to enable ARM servers address demanding scale-out workloads such as data mining, real time and predictive analytics, and deep learning. AppliedMicro expects to sample X-Gene 3 in the second half of 2016.

Applied Micro has gained a formidable position in the server solutions and wireless market, fuelled by its advanced and innovative technologies. The company's product portfolio and continued efforts to provide maximum consumer satisfaction have augmented its market position.

Headquartered in Sunnyvale, CA, Applied Micro is a leading provider of high-bandwidth low power integrated circuits (ICs), which are essential for the processing, transporting and storage of information. The company provides semiconductor solutions for the enterprise, telecom and consumer/small medium business.

Applied Metro currently has a Zacks Rank #2 (Buy). Other stocks that look promising and are worth considering in the industry include CEVA Inc. CEVA , FormFactor Inc. FORM and Integrated Device Technology, Inc. IDTI , each carrying a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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