Dallas, Texas 08/14/2013 (Financialstrend) – Advanced Micro Devices, Inc. (NYSE:AMD) posted gains of 1.10% with trading on Tuesday and had thereby closed at $3.69 per share. While the stock opened at $3.67 per share, there had been oscillations in the intraday values ranging between $3.63 and $3.71 per share during the day. The 52 week low price for the stock is currently at $1.81 and 52 week high price is at $4.65 per share. There are a total 714.00 million shares in the market regarding to a market cap of $2.63 billion. The stock observed around 12.39 million shares being traded hands on Tuesday while the average level of tradeoff is at 34.13 million shares a day.
Advanced Micro Devices, Inc. functions as a universal semiconductor company. It operates in two sections, Computing Solutions and Visual aid. The concern strategies, grows, and sells computer chip products, such as central processing units (CPU) and accelerated processing units (APU) for servers, desktop Personal Computers, and mobile strategies.
Advanced Micro Devices, Inc. owns ATI which is a competitor of NVIDIA’s GPU industry. The company has been stressed for several years and the game cheer up would give helping hand to the profits of the company and will also take wealth away from the high end having a bet GPU market which conveys far loftier limitations. Shares in the technology sector ended on an advanced note. The most important movers in the part include Advanced Micro Devices Inc. Distinctly, the business announced a new low power Accelerated Processing Unit (APU) in the high-quality AMD G-Series SOC family with the GX-210JA, further plummeting x86 power requirements for set in designs. The new GX-210JA APU, a full System on Chip (SOC) design, usages one third less vigor than the preceding low-power Embedded G-Series SOC product while as long as industry-leading visual aid proficiencies.