Back to top

Analyst Blog

Altera Corporation (ALTR - Analyst Report) recently announced that one of its early customers in the Open CL for FPGAs program – goHDR has achieved successful results with the same.

Altera Corporation manufactures a wide array of products such as programmable logic devices (PLDs) which consist of field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). These are standard semiconductor integrated circuits or chips which customers program to execute required logic functions in their electronic systems.

The company achieved a significant reduction in development time and a dramatic increase in performance leveraging Altera's OpenCL for FPGAs.

In tandem with Altera, goHDR ported its proprietary C-code to the OpenCL standard and implemented the code in an FPGA in less than a week. Generally, this process requires 3-6 months using a traditional HDL flow.

Meanwhile, last month, Altera announced that it started shipping its 28-nm Cyclone V FPGAs.

The FPGA family consist of Stratix, Cyclone, Arria, APEX, FLEX and ACEX series. Altera has designed its Cyclone product families using advanced CMOS process technology and enable programmable flexibility to cost-sensitive applications in all its markets.

The Cyclone IV and Cyclone V FPGAs use low-power process technology to meet market requirements for low power consumption. The shipment of the Cyclone V family from Altera completes Altera's release of its 28-nm tailored product portfolio. These products meet a wide range of customer requirements from the highest bandwidth to the lowest power.

Altera, which competes with Xilinx, Inc (XLNX - Analyst Report) introduced its 28nm FPGAs in 2011. Backed with the success of 40nm products, the company continues to gain momentum in its 28nm products.

We continue to maintain an Underperform recommendation on Altera. Our recommendation is supported by Zacks #4 Rank, which translates into a short-term rating of Sell.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.00 +3.09%
SANCHEZ ENE… SN 34.18 +2.67%
THE PANTRY… PTRY 21.02 +2.09%
INTEL CP INTC 35.15 +1.88%
CLAYTON WIL… CWEI 117.30 +1.78%