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Tech Stocks Buzzer! Advanced Micro Devices, Inc. (AMD), Twitter Inc (TWTR)

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) ended Monday session in green amid volatile trading. The shares closed up +0.04 points or 0.58% at $6.95 with 30.46 million shares getting traded. Post opening the session at $6.95, the shares hit an intraday low of $6.87 and an intraday high of $7.15 and the price vacillated in this range throughout the day. The company has a market cap of $6.44 billion and the numbers of outstanding shares have been calculated to be 895.00 million shares.

Advanced Micro Devices, Inc. (AMD) announced that its AMD Embedded Radeon™ E9260 GPU has been selected by International Game Technology PLC (“IGT”) ( NYSE : IGT ), the global leader in gaming, for its new “CrystalCurve ULTRA™” gaming cabinet to drive dual 4K monitors at native resolutions, which will be a first in the casino gaming industry. The AMD Embedded Radeon™ E9260 GPU is the industry’s first discrete embedded graphics cards leveraging the new AMD Polaris architecture.

“AMD is a great partner for IGT,” said Rachel Barber, IGT Senior Vice President and Chief Technology Officer, Gaming. “We’re focused on providing our customers with a thoroughly engaging entertainment experience. AMD’s next-generation graphics processors based on the new Polaris Architecture really set our new CrystalCurve ULTRA cabinet apart, with exceptional graphics and highly efficient processing capabilities.”

Optimized for use in high-end systems spanning casino and arcade gaming, medical imaging, and conventional military and aerospace applications, AMD high-performance embedded GPUs enable stunning, immersive visual experiences while supporting efficient thermal design power (TDP) profiles. The AMD Embedded Radeon™ E9260 GPU leverages an optimized 14nm FinFET process to deliver greatly improved performance per watt vs. previous generations of AMD embedded GPUs. Providing up to 2.5 TFLOPS performance in a sub-50W TDP board power profile, the GPUs also offer advanced 4K encode/decode multimedia processing capabilities and multi-display configurability.

“Gaming machine developers have very demanding needs, always driving towards greater levels of customer engagement,” said Colin Cureton, director of marketing and product management, AMD Enterprise Solutions. “The AMD Embedded Radeon E9260 provides exceptional graphics performance for single and multi-display systems with low power consumption. With the new IGT Crystal Curve ULTRA gaming machines’ graphics capabilities powered by AMD, IGT engineers have created the next generation of immersive player experiences.”

Shares of Twitter Inc (NYSE:TWTR) ended Monday session in green amid volatile trading. The shares closed up +0.95 points or 4.12% at $24.00 with 37.56 million shares getting traded. Post opening the session at $23.78, the shares hit an intraday low of $23.45 and an intraday high of $24.25 and the price vacillated in this range throughout the day. The company has a market cap of $17.01 billion and the numbers of outstanding shares have been calculated to be 707.73 million shares.

Twitter Inc (TWTR) operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners.

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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