Advanced Micro Devices, Inc. (AMD) News: Industry Boost, Announcements & Unusual Options

Editor’s Note: Related tickers: Advanced Micro Devices, Inc. (NYSE:AMD)

Advanced Micro Devices Inc (NYSE:AMD) Optimistic on PC Gaming Market (SBWire)
Advanced Micro Devices, Inc. (NYSE:AMD) is interested in the sales of PC gaming. The CEO of company Matt Skynner says that the PC gaming is alive as well as growing. Since the gaming architectures are alike, the costs of new games are reducing and revenues are rising. AMD’s CEO also stated that the gamers do not mind the console or architecture used. They want unique and exciting gaming experience. The industry is boosting and there are new game engine developments in process.

Advanced Micro Devices, Inc. (NYSE:AMD)

Advanced Micro Devices Target of Unusually High Options Trading (AMD) (WKRB13)
Advanced Micro Devices, Inc. (NYSE:AMD) was the target of some unusual options trading activity on Monday. Investors acquired 19,996 call options on the stock, Analyst Ratings Network.com reports. This represents an increase of 165% compared to the average volume of 7,546 call options. AMD has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Advanced Micro Devices (NYSE:AMD) in a research note to investors on Wednesday, September 11th.

Advanced Micro Devices, Inc (NYSE:AMD) advancing with new products (GDPInsider)
At the start of this week, Advanced Micro Devices, Inc. (NYSE:AMD), the front-running microprocessor manufacturer announced its road-map for the future in the leap-frogging embedded-computing market. Apart from the new and enhanced x86 processors, it also unveiled the 1st ARM technology-based processor. This extended its double-powered strategy into the embedded markets. This is the first company to offer customers both z86 and ARM architecture-based solutions to high-performance and low-power embedded compute designs.

Why Advanced Micro Devices Inc (NYSE:AMD) Is out of S&P (SBWire)
Advanced Micro Devices, Inc. (NYSE:AMD) announced that the company is dropped from the list of S&P. The S&P offers indexing about Standard and Poor’s rating. The company performance is categorized now as S&P MidCap 400 rather than the Poor’s 500. AMD has current market capitalization of $3 billion market cap that is $2.08 billion. Thus the category is shifted to MidCap 400. The company is facing losses in recent periods.

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