Will Low Power Processors Help Advanced Micro Devices, Inc (NYSE:AMD)

Posted by sara Frank October 11, 2013 0 Comment 1764 views

Advanced Micro Devices, Inc (NYSE:AMD) faces tough competition against rivals like Intel. The company had launched its Temash and Kabini low-power processors and there were a large number of market watchers who felt that that these would be the weather-changers for the company. Though Intel has a very high-end PC back-head, Advanced Micro Devices, Inc (NYSE:AMD) new processors were not meant to be a direct competition at this, the intention definitely was to target the vast mid range personal computer market.

It now seems like these highly-touted products will not be able to do much to alter any competitive edge that Intel had over Advanced Micro Devices, Inc (NYSE:AMD) in the tablets and PC space. The one area that the company has had a much better performance is the small-core segment and several years ago the ‘Bobcat’ processor that had been launched by the company, had a much superior design in comparison to the Atom, which was Intel’s low- power processor.

Thursday’s trading

In Thursday’s trading, Advanced Micro Devices, Inc (NYSE:AMD) rose by 3.84%. The opening price of the shares was $3.72, which climbed to an intraday high of $3.80 and dipped to a close of $3.79. Approximately 24.02 million shares were traded on Thursday while an average volume of 26.35 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 $2.73 billion.

About the company

Advanced Micro Devices, Inc (NYSE:AMD) is a global semi-conductor company that has facilities around the globe. It offers X-86 micro-processors. These could be offered either a standalone devices or be incorporated as APU’s. These are used in the consumer and commercial markets, embedded-microprocessors for commercial, commercial-client and consumer-markets as well as in chipsets for mobile devices and desktops including mobile personal-computers, tablets, professional-workstations and graphics and servers.

About sara Frank

Sara Frank is our chief congressional correspondent, Sara has covered the presidential campaign, Congress and congressional campaigns. Prior to that, she covered the U.S. House. Sarahas also worked covering the House, Senate and campaign finance. Among the numerous honors she has received for his reporting, Sara is the recipient of an Emmy Award from The National Academy of Television Arts and Sciences. She was also nominated four times for a national Cable Ace Award.

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