Advanced Micro Devices, Inc. (AMD) News: Elite Mobility Expansion, Growth Markets, Targets & More

Editor’s Note:  Advanced Micro Devices, Inc. (NYSE:AMD)

AMD Expands Elite Mobility APU Line-Up With New Quad-Core Processor (Market Wired)
Advanced Micro Devices today announced a new addition to its 2013 Elite Mobility processor family, expanding the options available for anyone seeking crystal-clear HD entertainment, power efficiency, and accelerated performance in small screen touch notebooks, tablets, and hybrids. The AMD Elite Quad-Core A4-1350 accelerated processor is the second quad-core accelerated processing pnit (APU) in this category, with an estimated average power at or below 3 watts for many common use cases1. The new APU is expected to begin shipping to customers in October, 2013. Other AMD Elite Mobility APUs are available in systems today, including the HP Pavilion11 TouchSmart and the Acer Aspire V5.

Advanced Micro Devices, Inc. (NYSE:AMD)

AMD (AMD) Making More Advances in Growth Markets – Canaccord Genuity (StreetInsider.com)
Canaccord Genuity analyst Bobby Burleson reiterated a Buy rating and $6 price target on Advanced Micro Devices, Inc. (NYSE:AMD) following the announced ARM-based Hierofalcon embedded CPU. “We believe the announcement of the ARM-based Hierofalcon embedded CPU will help AMD expand… into several applications in the data center, communications infrastructure and industrial segments,” Burleson said. “This new product launch combined with the key Sony PS4 and Microsoft Xbox gaming console design wins… will help them diversify away from the slow growth PC end market.”

AMD FirePro Professional Graphics Power New Thin and Light Mobile Workstations for Creative and Design Productivity on the Go (Menafn.com)
Advanced Micro Devices, Inc. (NYSE:AMD) today announced the HP ZBook 14 Mobile Workstation will feature AMD FirePro(TM) M4100 professional graphics, giving outstanding OpenCL(TM) performance powered by award-winning AMD Graphics Core Next (GCN) architecture. The new thin and light mobile workstation with an optional touch screen interface is ideal for product development, mechanical computer-aided design (CAD) and engineering, as well as for artists, video editors, photographers and designers — a wide set of users of professional applications who require true mobility.

Microservers and Advanced Micro Devices, Inc. (AMD)’s Future (Insider Monkey)
Advanced Micro Devices, Inc. (NYSE:AMD) is seeking to diversify its product portfolio, especially due to the fact that worldwide shipments of PCs are expected to fall about 9.7% this year (IDC). On Monday, the management presented chips designed to run slot machines, factory robots, airport signs, medical equipment and other devices. These new products will be available as of next year and should help the firm reach a wider public and new markets.

Why Advanced Micro Devices Inc (NYSE:AMD) Is Looking for New Opportunities (SBWire)
Advanced Micro Devices, Inc. (NYSE:AMD) says that it looks for new opportunities and targets. The company is experiencing a fall in the sales of personal computers given the rise in demand of laptops and handheld devices. Advanced Micro says that there are specific chips designed to work on robots, slot machines, airport signs, equipment of medical purposes etc. AMD is among the oldest chip makers and it says that the customer demand id falling that cuts the revenue of company.