AMD is being taken to court by some of their investors alleging that AMD knowingly misled them into believing that the Llano APU would perform well. The lawsuit was filed in California by investors that bought stock in AMD between October 27, 2011 and October 18, 2012, according to Tom’s Hardware.
Advanced Micro Devices Inc. Posts
Advanced Micro Devices, Inc (NYSE:AMD) is profitable again thanks to the game console market. AMD reported net income of $48 million on revenues of $1.46 billion, compared to a loss of $131 million in the same period last year on revenues of $1.27 billion.
Advanced Micro Devices (AMD) has been removed from the Standard & Poor’s 500 Index starting September 20th, according to the S&P Dow Jones Indices. AMD is going to be moved to the S&P MidCap 400 going forward.
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Advanced Micro Devices, Inc. (NYSE:AMD) has joined the Document Foundation advisory board. As part of the partnership, the company will be developing GPU acceleration for Libre Office applications. The Document Foundation is known for overseeing the Libre Office applications. Libre Office is an alternative to Microsoft Office, but it is open source and free.
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When Microsoft Corporation announced the new Xbox One, it was revealed that the console would use an AMD 8-core APU. This deal is very lucrative for AMD. Microsoft is reportedly paying $3 billion to use these new chips in the Xbox One, according to NVIDIA’s VP of Technology Licensing Bob Feldstein.
AMD has announced today that they have released a new line of dual- and quad-core processors designed for tablets, PCs, and notebooks. The accelerated processing units (APUs) have the code-names: Temash (for mobility usage), Kabini (for mainstream usage), and Richland (high-performance usage).
Advanced Micro Devices has announced the world’s fastest graphics card, which is known as the Radeon HD 7990. The 7990 has double the power of the Radeon HD 7970 and four times more powerful than the GPU in the PlayStation 4. The 7990 is based on the AMD Graphics Core Next (GCN) architecture with AMD Eyefinity technology. The 7990 makes the ability to play the latest DirectX 11 games in extreme resolutions and multi-monitor configurations a smooth experience.