A global semiconductor firm, Advanced Micro Devices, Inc. (NYSE:AMD) struggle to bounce back in chip making industry, as in the last trading session it shares surged about 8%. Company showed it’s latest server roadmap for Opteron processors during the World Hosting Days events, in which AMD declared that its plan to keep their newly launched Opteron 6300 CPUs till 2014.
The codename ‘Abu Dhabi’ Opteron 6300 series based on the Piledriver architecture would subsist for AMD’s server market until a substitute arrives in second half of 2014 based on unnamed 28nm architecture. It goes for Seoul aka Opteron 4300 series, which will not expect a successor until the similar timeframe release.
AMD (NYSE:AMD) recently announced that it has supported Nintendo’s Wii U home console as the supplier of custom AMD Radeon HD GPU technology.
Since 2001, AMD technology has been integrated in over 118M Nintendo Wii and GameCube hardware units around the globe.
While, low power platform of AMD’s Jakarta would obtain the Dehli based Opteron 3300 series processors that would be 1 socket able to have 4-8 Core modules as well as it would be supported by the AM3+ socket. Though the Dehli would release in 45/65W options, AMD would also release 25W low power variants of Opteron 3300 CPUs.
Let’s have a short overview of the financial highlights of the stock, shares of Advanced Micro Devices, Inc. (NYSE:AMD) surged +0.16 cent or +7.84% to closed at $2.20 in last trading session. AMD stock surged during the trade to the maximum level at $2.22 and during the session traded at the lowest level of $2.11 after opening price of $2.16. AMD has earning per share of -$1.20 while it has 711.95 million shares outstanding with institutional ownership of 59%.

good news!