Advanced Micro Devices, Inc. (NYSE:AMD) announced its new low-power Accelerated Processing Unit (APU)


Dallas, Texas 08/02/2013 (Financialstrend) – Advanced Micro Devices, Inc. (NYSE:AMD) is currently up (+113.81%) from its latest 52-week low which has encouraged Growing Stock Crash to add the typical to their NYSE Gainers Watch List. The company had presented original low control Enhanced Processing Unit in the honorcharming AMD G-Series SOC clan, through a GX-210JA. The leading chipmaker has declared a new low-power Enhanced Processing Unit (APU) in the G-series family with GX-210JA, reducing power necessities for fixed designs. Arun Iyengar, Vice President and General Manager of AMD Embedded Systems pronounced that the design, the Setting Computing period as well as Internet of Equipment has managed to demand for plans with low power but had made contribution to great graphs enactment.

The company on July 30 announced this new low-power Accelerated Processing Unit (APU) in the award-winning AMD G-Series SOC family with the GX-210JA, more dipping x86 power supplies for surrounded projects.  Also, the business on July 18 proclaimed profits for the second quarter of 2013 to be at the level of $1.16 billion and further reported functional loss for the quarter at $29 million and net loss for the three months at $74 million, or at $0.10 per share. The company stated a non-GAAP operating losses for the quarter to be at $20 million and a non-GAAP adjusted loss of operations at $65 million, or $0.09 per share.

Advanced Micro Devices, Inc. (NYSE:AMD) made gains of 1.06% to close at $3.81 per share on Thursday with intraday movements ranging from low of $3.78 to high of $3.87 per share. The 52 week low price for the stock is at $1.81 per share and 52 week high price is at $4.65 per share. There are 714.00 million shares in the market with institutional ownership of 53%. The trading volume on Thursday was at 22.28 million shares with average level at 35.95 million shares per day.