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Stock Market & Financial Investment News

News Breaks
May 20, 2014
06:50 EDTAMDAMD to acquire SATA Express IP from ASMedia, DigiTimes reports
AMD is said to be cooperating with ASMedia Technology to integrate transmission interfaces such as SATA Express IP into its next-generation platform, reports DigiTimes. According to sources from the upstream supply chain, the partnership will bring ASMedia income from licensing fees and the partnership should begin contributing profits in 2015. Reference Link
News For AMD From The Last 14 Days
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May 6, 2015
15:59 EDTAMDAMD sees 2H15 revenue up 15% +/- 3%
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15:56 EDTAMDAMD sees being profitable in 2H15
In the first half of FY15, AMD expects a weak PC market, channel inventory rebalancing and expects to record a loss, with cash of about $800M, according to analyst day slides. In 2H15, the company expects to be profitable, with cash of about $800M-$1B. The company sees new product ramps, the demand catalyst from Windows 10 and a seasonal improvement in PCs and game consoles as factors in being profitable in 2H15, according to the its presentation slides.
15:50 EDTAMDAMD mentioned positively at Pacific Crest
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May 5, 2015
06:06 EDTAMDAMD to host analyst day
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April 27, 2015
05:58 EDTAMDAMD to launch Godavari APUs at end of May, DigiTimes reports
AMD (AMD) plans to launch Godavari series APUs at the end of may to compete with Intel's (INTC) Broadwell and Skylake platforms, reports DigiTimes. According to Taiwan-based supply chain makers, AMD will launch 14nm Summit Ridge APUs to be produced by Samsung (SSNLF) and Globalfoundries in 2016 and the Raven Ridge-series in 2017. Reference Link

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