It could be tender offer results is less detrimental than the shorts have been touting. Then again it may be running on something else. Maybe we will know by EOD
With markets worsening towards close and the semi sector down I consider this a good day for AMD moving up on strong volume. Even in the after market it was up 3 cents on 4,409,382 shares traded. With that I added to my $7 calls on the pull back earlier in the day Cramer: Yes, silver is poor man's gold Advanced Micro Devices: "I think after they did that equity offering, they fixed the balance sheet, I'm a buyer not a seller. Everyone has turned on that one, that is wrong." http://www.cnbc.com/2016/09/23/cram...adline|headline|story&par=yahoo&doc=103965344
AMD No Longer Coming Up Short The chip maker’s improving prospects have made the stock a less appealing short target Among chip companies, Advanced Micro Devices is hardly a safe bet. But betting against it is no longer a sure thing either. The oft-beleaguered chipmaker’s share price has more than doubled since the start of the year, making it the top gainer in the PHLX Semiconductor Index for that time. That can be credited to improving financial performance and hopes for a new family of chips designed for servers, PCs and videogame consoles. Most of the chips aren’t expected to launch until next year. Read more: http://www.wsj.com/articles/amd-no-longer-coming-up-short-1474819864
Even More Analysts Chasing AMD Higher After Financing Advanced Micro Devices Inc. (NASDAQ: AMD) may have received a lot of new cash from a capital raise and recently reworked its wafer supply agreement, and now analysts have started getting back on the AMD wagon after a sharp pullback. Oddly enough, rival Intel Corp. (NASDAQ: INTC) may be a driving force for AMD, even on top of AMD’s other ongoing long-term positives. Before chasing analyst calls unilaterally, it is important to understand that AMD’s recent trading was after a monumental run of more than 300%. Then came AMD’s dilutive financing via stock and convertible debt sales. It is also important to understand that many analysts get their upside theses wrong, and sometimes they just ride a bull for long enough that they forgot about the horns. AMD has a 52-week trading range of $1.65 to $8.00. Its consensus analyst price target is now $6.12, according to Thomson Reuters. That consensus target was $6.01 a week ago, $5.25 a month ago, $5.19 two months ago and $3.95 at the end of June. Here are some of the recent positive AMD analyst calls, tempered with some cautious calls so investors get both sides of the coin. AMD saw a key Sell-equivalent rating removed by Bernstein on September 20. The firm raised AMD to Market Perform from Underperform and raised its target price to $5 from $3. AMD shares were last seen flat at $6.16 ahead of that call. The prior day brought a big call from the likes of Jefferies, which reiterated a Buy rating and a whopping $9 price target. Jefferies reflected upon AMD’s recent debt and equity financing, noting multiple catalysts ahead and that the Street has not fully caught on here. Read more: http://247wallst.com/technology-3/2016/09/25/even-more-analysts-chasing-amd-higher-after-financing/
I know. I was getting real close to my selling price goal. Actually hit it last week, but I was on vacation away from access.
Apple will reportedly use a custom AMD SoC in a future Mac Pro Apple will reportedly use a custom AMD SoC in a future Mac Pro due to Intel's lack of flexibility and lack of innovation in recent years in their desktop offerings. Moving from Haswell to Broadwell and from Broadwell to Skylake desktop users have only seen minor performance improvements, with AMD being soon to offer their new Zen CPU core design and the flexibility to create for apple and entirely custom SoC for their future notebooks and desktop PCs. In recent years AMD has made a lot of money in the Semi-custom SoC market, powering the Xbox One, PS4, PS4 Pro and Microsoft's Project Scorpio, with AMD having the unique ability to combine strong graphical performance and CPU performance into a single SoC. With Apple already using AMD graphics on their most recent 5K iMac and Mac Pro product lines, the move to an entirely made AMD CPU/GPU combo on a single die is an attractive option. The advantage of using a custom SoC is that the SoC can be made to suit the requirements of the buyer, AMD has a unique position for making custom SoCs like this as they make both x86 CPUs and powerful GPUs, meaning that an AMD custom SoC can utilise both. An AMD custom SoC makes a lot of sense for a product like an Apple iMac as instead of cooling a separate CPU and GPU a single cooler could be used to cool an AMD SoC which contains both a CPU and a GPU. This will be very similar in concept to both the Xbox One and PS4 consoles. Read more: www.overclock3d.net/news/cpu_mainboard/apple_will_reportedly_use_a_custom_amd_soc_in_a_future_mac_pro/1
I remember playing IGT in 09 AMD Embedded Processors Selected by IGT for New "CrystalCurve ULTRA" Gaming Machine LAS VEGAS, NV--(Marketwired - Sep 27, 2016) - G2E -- AMD ( NASDAQ : AMD ) today announced that its AMD Embedded Radeon™ E9260 GPU has been selected by International Game Technology PLC ("IGT") ( NYSE : IGT ), the global leader in gaming, for its new "CrystalCurve ULTRA™" gaming cabinet to drive dual 4K monitors at native resolutions, which will be a first in the casino gaming industry. The AMD Embedded Radeon™ E9260 GPU is the industry's first discrete embedded graphics cards leveraging the new AMD Polaris architecture. More: http://finance.yahoo.com/news/amd-embedded-processors-selected-igt-130000124.html
AMD Radeon Polaris Goes Embedded For Casino Gaming, Digital Signage AMD targeted the mainstream market when it debuted the RX 400 series graphics cards. The RX 480 was the industry’s first $200 VR-ready GPU, and the RX 470 and 460 offered more performance-per-dollar than any of the company’s previous graphics cards. The key to Radeon’s next-gen performance is the Polaris 10 architecture, and AMD is now branching into the embedded market with the new GPU in an effort to bring high-performance imaging to the medical field, digital signage, and commercial casino gaming. AMD’s new embedded Polaris offerings feature the same Polaris 10 GPU we see in the desktop variants, and it comes in two different models. The E9260 can come as an MXM module or a PCIe card and features 14 compute units (CUs) for a total of 896 shaders, with 4GB of GDDR5 memory running on a 128-bit bus. Read more: http://www.tomshardware.com/news/amd-polaris-embedded-e9550-e9260,32758.html
Keep in mind this is rumour only 2016 MacBook Pro May Replace Intel Chip With AMD Zen GPU AMD is indeed experiencing massive success as its Polaris 10 GPUs proved to be a popular pick for tech product manufacturers as well as end-users alike. Now, AMD is facing yet another potential breakthrough as its GPUs are said to be working closely with Apple for the upcoming MacBook Pro 2016 laptops. What makes it really captivating is that Apple may break free from the Intel processors that it once has and instead put an AMD Zen APU in its latest MacBook Pro, a device which is reported to be unveiled in the very near future. What Makes Apple Different From Microsoft? Apple is very much different from Microsoft Windows as it focuses on GPU performance when talking about the capabilities of its MacBook Pro. It is highly possible that the AMD Zen APU will take the form of the custom SoC. If not, then a regular variant will be used, whichever AMD and Apple agrees on. As of now, Kaby Lake processors do not seem to be much of a popular choice for Apple. This could have inspired AMD to grab the opportunity to be the partner that Apple needs and wants to have for its next generation devices. AMD is known to successfully adapt to the needs of its clients, which is why a custom SoC design would be an easy task for the company if ever it is to be used for Apple's soon-to-be-released MacBook Pro 2016. The MacBook Pro 2016 Would Be A Powerhouse If speculations are true, then combining the Polaris with the HBM2 for the APU would surely be an exponential upgrade for the MacBook Pro 2016. One can see that Apple is doing the best of what it can to improve the features and specs of its next-gen products. It doesn't mind if it was to sacrifice old partnerships, as it is brave enough to take the risk for a faster and stronger spec provider, with the likes of the new AMD Zen GPU. http://www.itechpost.com/articles/33815/20160928/2016-macbook-pro-replace-intel-chip-amd-zen-gpu.htm
