Advanced Micro Devices, Inc. is about to revolutionize computer games

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Advanced Micro Devices, Inc. (NASDAQ-AMD) has attracted private investors and multinational investment corporations thanks to a significant rise in its share price on the public stock market. The NASDAQ-AMD shares showed growth of 79.90% since the beginning of 2019, and in comparison to the previous year the share value rose by + 104.12% over the last 52 weeks. The Chairwoman and CEO of Advanced Micro Devices, Inc., Dr. Lisa Su has recently announced that she wants, in the near future, to focus on solving various computing problems in the field of computer games and virtual reality. Advanced Micro Devices, Inc. (NASDAQ-AMD) has also spoken about the gaming industry and virtual entertainment revolution that is supposed to happen later this year. These facts have attracted private investors and multinational investment corporations to purchase Advanced Micro Devices, Inc. (NASDAQ-AMD) shares. On 12 July, 2019 the share price reached US$ 33.21 per share with a daily appreciation of + 0.45%.

Advanced Micro Devices (AMD) is an American hardware company founded on 1 May, 1969 in Sunnyvale, California, and is operating world-wide. The company is engaged in the development and sales of processors, APUs, GPUs and chip sets. The company also owns a 8.6% stake in Spansion, a flash memory manufacturer. Products are manufactured by external suppliers: GPU is manufactured by TSMC, CPU is manufactured by GlobalFoundries along with TSMC and chipsets are manufactured by GlobalFoundries. Graphics cards are produced by each company itself. The biggest competitors of AMD are mainly Intel, which manufactures processors and chipsets, and nVidia, which specializes in GPUs. In 2011, AMD was the second largest company specializing in processor development (mainly x86 compatible, but recently also ARM processors), graphics chipsets and chipsets.

According to analysts, the company’s sales in 2019 will be primarily affected by the arrival of a new line of Ryzen processors. In January of this year, at the Consumer Electronics Show (CES) 2019 in Las Vegas, Chairwoman and CEO of the company, Dr. Lisa Su introduced a new, third generation AMD Ryzen processor, which features a miniature chip of just 7nm that will change with unrivalled speed, the future of the most demanding games, entertainment and virtual reality. These facts have attracted private investors and multinational investment corporations to purchase Advanced Micro Devices, Inc. (NASDAQ-AMD) shares, which, in the fiscal year 2018, earned US$ 6.48 billion in revenue, with operating profit of US$ 2451 million. After deducting all costs, the company generated a net profit of US$ 337 million. The company has total assets worth US$ 4.556 billion with equity of US$ 1.266 billion and it currently has 8,900 core employees.

Advanced Micro Devices, Inc. (NASDAQ-AMD) management has also announced that it is working intensively on the so-called gaming and virtual entertainment revolution and the first outcomes will be presented this year. As already mentioned the NASDAQ-AMD shares have recently become very enticing with private investors and multinational investment corporations, mainly due to the positive results in 2018, but also due to the company’s outlook for 2019. According to analysts and financial strategists, an increase in share price can be expected in the short to medium-term investment horizon, with an estimate target price set to US$ 42.00 per share.

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