AMD Rolling Out New Polaris GPU Revisions With 50% Better Perf/Watt AMD has reportedly started rolling out new revisions of its Polaris 10 & Polaris 11 GPUs with a 50%+ improvement in performance per watt. Polaris 10 and Polaris 11 are AMD’s latest GPUs powering the company’s midrange RX 480 & RX 470 as well as mainstream RX 460 graphics cards. The new GPU revisions will reportedly debut first in the embedded market and will deliver the same and/or slightly better performance compared to the previous revisions but at significantly lower power consumption. Link: http://wccftech.com/amd-polaris-revisions-performance-per-watt/
AMD, ARM, Dell EMC, HPE, IBM and Samsung unite to develop high-performance interconnect Link: http://www.computing.co.uk/ctg/news...nite-to-develop-high-performance-interconnect
AMD Reaches Deal With Alibaba to Use Chips in Cloud Service Link: http://www.bloomberg.com/news/artic...al-with-alibaba-to-use-chips-in-cloud-service Up 4.78% pre-market.
I picked up some shares Monday @6.455 and I am pissed I missed out yesterday in the twenties, but I have been moving. There were many of opportunities yesterday in several stocks. I hate being unplugged on days like that.
As AMD made a big jump this morning a lot of profit taking taking place but may be ready to push higher
Off the highs there is strong consolidation between 6.85 and 6.90 on 54 mil+ shares traded. With the Alibaba deal I expect a new price target in the near term. Analyst's may wait until after the ER and the numbers exposed in the Baba deal before such to happen. The 6.90 has been stubborn to break. Much could depend on the strength of the market on whether the price goes higher today.
Advanced Micro Devices upgraded to Perform at Oppenheimer & Co. http://seekingalpha.com/news/321431...orm-oppenheimer-and-co?app=1&dr=1#/email_link
Here's an expansion of that but you never know by the price movement this morning NEW YORK (TheStreet) -- Shares of Advanced Micro Devices (AMD) were higher in late-morning trading on Monday after the stock was upgraded to "perform" from "underperform" at Oppenheimer earlier today. The upgrade reflects lowered balance sheet risk and improved near-term sales trends, the firm wrote in a note. Oppenheimer expects the chipmaker to report strong third-quarter earnings after Thursday's market close. "We believe the stage is set for another round of beat-and-raise results from most as demand trends remain (modestly) positive despite a wobbly macro," the firm said of the semiconductor sector. Analysts surveyed by FactSet are looking for flat per-share earnings on $1.21 billion in revenue. For the year-ago period, AMD posted an adjusted loss of 17 cents per share on $1.06 billion in revenue. The markets may be unpredictable, but Jim Cramer can show you how to navigate it like a pro. Follow his blue-chip portfolio of stocks at Action Alerts PLUS. Join today and try it for 14 days—FREE! "The pending launch of Sony's PS4 Pro, which features a costlier AMD processor than the one found in the regular PS4, has helped stabilize AMD's sales," TheStreet's technology columnist Eric Jhonsa said. "So has the launch of the company's mid-range Polaris GPUs. Going forward, the launch of AMD's Zen CPUs and a more advanced Xbox One will provide a boost." "AMD still faces the formidable challenge of taking on Intel and Nvidia while having far fewer resources than either company. But the company's turnaround efforts have gained a lot of momentum over the last year," he added. Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D. AMD's weaknesses include its weak operating cash flow and poor profit margins. https://www.thestreet.com/story/138...n-ratings-upgrade.html?puc=yahoo&cm_ven=YAHOO
AMD looked like it was going to go negative early this morning, but now picking up speed. Sentiment getting better as earnings are near
$AMD remember this never fully corrected from the panic sell of secondary announcement. When it does plus positive ER it's to the moon
Advanced Micro Devices, Inc. (AMD) Stock Is Headed for the Semiconductor Throne Believe it or not, Advanced Micro Devices, Inc. (NASDAQ:AMD), the old Intel punching bag, is the star. So far in 2016, AMD stock is up nearly 135%. You could have picked Advanced Micro Devices up for less than $2 as recently as February. Now it’s flying off the shelves while approaching $7. What happened? CEO Lisa Su. What Lisa Su Has Added to AMD I have been a fan of AMD CEO Lisa Su ever since she stepped into her present job two years ago. I liked the plan left by her predecessor Rory Read. I liked the idea that the Taiwanese-born Su might be able to win contracts with Chinese OEMs. Read more: http://investorplace.com/2016/10/ad...amd-stock-semiconductor-throne/#ixzz4NSBdzM5O
