Autozone Inc
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Consumer Discretionary : Specialty Retail | Mid Cap Blend
Company profile

AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of February 10, 2018, the Company operated through 6,088 locations in the United States, Puerto Rico, Mexico and Brazil. The Company's stores carry product lines for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company's other operating segments include ALLDATA, which produces, sells and maintains diagnostic and repair information software used in the automotive repair industry, and E-commerce, which includes direct sales to customers through www.autozone.com.

Closing Price
$1,248.33
Day's Change
0.31 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
1,249.36
Day's Low
1,238.13
Volume
(Above Average)
Volume:
257,431

10-day average volume:
217,947
257,431

IBM and AMD Announce Joint Development Agreement to Advance Confidential Computing for the Cloud and Accelerate Artificial Intelligence

7:00 am ET November 11, 2020 (PR Newswire) Print

IBM (NYSE: IBM) and AMD (NASDAQ: AMD) today announced a multi-year joint development agreement to enhance and extend the security and Artificial Intelligence (AI) offerings of both companies. The joint development agreement will expand this vision by building upon open-source software, open standards, and open system architectures to drive Confidential Computing in hybrid cloud environments and support a broad range of accelerators across high-performance computing (HPC), and enterprise critical capabilities such as virtualization and encryption.

https://mma.prnewswire.com/media/95470/ibm_logo.jpg

"The commitment of AMD to technological innovation aligns with our mission to develop and accelerate the adoption of the hybrid cloud to help connect, secure and power our digital world," said Dario Gil, Director of IBM Research. "IBM is focused on giving our clients choice, agility and security in our hybrid cloud offerings through advanced research, development and scaling of new technologies."

"This agreement between AMD and IBM aligns well with our long-standing commitment to collaborating with leaders in the industry," said Mark Papermaster, executive vice president and CTO, AMD. "AMD is excited to extend our work with IBM on AI, accelerating data center workloads, and improving security across the cloud."

For many companies, securing highly sensitive data still remains a challenge: cybersecurity is currently the top barrier for adoption as well as the top criteria for selection of cloud providers, according to data from IBM's Institute for Business value.

According to Gartner, Confidential Computing potentially removes the remaining barrier to hybrid cloud adoption for highly regulated businesses or any organization concerned about unauthorized third-party access to data in use in the public cloud.

Confidential Computing is a technology, enabled by hardware, that allows the data associated with a running virtual machine (VM) to be encrypted, including while workloads are running. This capability helps prevent would-be attackers and bad actors from accessing confidential information, even in the event of a break-in. Confidential Computing for hybrid cloud unlocks new potential for enterprise adoption of hybrid cloud computing, especially in regulated industries such as finance, healthcare and insurance.

Engagement between AMD and IBM researchers on joint development activities under the agreement is now underway.

For more information about AMD products, please visit AMD.com

For more information about IBM Hybrid Cloud Research, please visit: https://www.research.ibm.com/hybrid-cloud/

Contacts:

Bethany Hill McCarthyExternal Communications, IBM Researchbethany@ibm.com

Gary SilcottAMD CommunicationsGary.Silcott@amd.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/ibm-and-amd-announce-joint-development-agreement-to-advance-confidential-computing-for-the-cloud-and-accelerate-artificial-intelligence-301170668.html

SOURCE IBM

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