Advanced Micro Devices, Inc. (NYSE:AMD) Introduces New Rewards Program


Dallas, Texas 08/15/2013 (Financialstrend) – Well known company Advanced Micro Devices, Inc. (NYSE:AMD) ’s has come up with the new version of its rewards program. The Dubbed Never Settle Forever program is the Advanced Micro Devices’s new program that would bundle the discounted games with graphics card purchases.

The Never Settle Forever program was initially introduced as Never Settle Last Fall and was later refreshed as the Never Settle Reloaded. According to new rules of the program, the buyers will now have more options for buying a graphic card that comes with one, two or three high-end PC games. It is anticipated that the program will distinguish itself via a bundling program and would help maintain loyalty with customers who also have the option of buying hardware base on the Intel or Nvidia chips.

The Never Settle Forever Program has been facilitated with AMD Radeon HD 7000 series graphics processing unit card with Bronze, Gold or Silver reward tiers. The bronze customers can choose one game from a list of 6, from silver they can choose 2 out of 8 whilst gold would enable them to choose 3 games from a list of 9 titles. Hardcore games who already own all of the titles can save their coupon till the 31st of December.

S&P Lowers ‘Outlook’ On AMD

The Standard and Poor’s Ratings Services has declined its outlook on the Advanced Micro Devices’s speculative grade ratings to negative. The ratings suffered a lowering from a stable position based on anticipations that the earnings and cash of AMD will be constrained by the execution risks in new gaming markets and also by the weak PC markets.

The outlook has got weak despite the fact that there are expectations that the AMD will witness a two digit revenue and earnings growth later this year. This downfall is perhaps an outcome of numerous developments including the sharp and protracted declines in market shares.