Lot Of Expectations From Advanced Micro Devices Inc (NYSE:AMD) Radeon
Last week, Advanced Micro Devices, Inc (NYSE:AMD) unveiled the Radeon R9 290X graphics card. It reported that this new graphics card is the topmost AMD Radeon R9 Series graphics-card. The GM and Corporate Vice-President of Advanced Micro Devices, Inc (NYSE:AMD)’s Graphics Business Unit, Matt Skynner said that the AMD Radeon R9 290X GPU is the pinnacle of the company’s new R9 Series graphics-cards. He said that it embodies the company’s leadership as the provider of the ultimate graphics-solution for outstanding gaming experience.
He said that it has a formidable mix of Graphics Core Next architecture, Mantle & AMD TrueAudio-technology which raises the bar for the breathtaking audio & graphics. It has powerful performance that gives enthusiasts an exceptional gaming experience.”
In Tuesday’s trading, Advanced Micro Devices, Inc (NYSE:AMD) rose by 0.30%. The opening price of the shares was $3.34, which climbed to an intraday high of $3.37 and dipped to a close of $3.33. Approximately 15.82 million shares were traded on Tuesday while an average volume of 37.98 million shares were traded over a 30 day period. The 52-week low of Advanced Micro Devices, Inc (NYSE:AMD) shares is $1.81 and its 52-week high is $4.65. The company has a market capitalization of $2.40 billion.
About the company
Advanced Micro Devices, Inc. (AMD) is an international semi-conductor company that has facilities across the globe. It offers x86-microprocessors. These could be standalone devices or they may be incorporated as an APU. They are used in the commercial & consumer markets. The company also manufactures embedded microprocessors that are sold in commercial, commercial-client & consumer markets & chipsets for desktop & mobile devices, such as mobile personal-computers, or PCs, & tablets, professional-workstations, servers & graphics. In addition the company also has video & multimedia products for mobile devices and desktop including mobile PCs & tablets amongst others.