Advanced Micro Devices, Inc (NASDAQ:AMD) – Trending Stock to Observe

On Thursday, Advanced Micro Devices, Inc (NASDAQ:AMD), with shares surged 2.07% is now trading at $10.09. The Stock is active as 21.41M shares changed hands versus its average volume of 52.25M shares. According to Market Watch, U.S. stocks opened marginally higher on Thursday as investors awaited the inauguration of President-elect Donald Trump, who will take the oath of office on Friday. The Dow Jones Industrial Average DJIA, -0.16% gained less than 0.1% to 19,822k. If the blue-chip gauge finishes lower, it’ll notch its fifth straight drop — its longest losing streak since before the Nov. 8 U.S. presidential election. The S&P 500 index SPX, -0.16% gained one points, or less than 0.1%, to 2,273. The Nasdaq Composite Index COMP, -0.06% climbed 7 points, or 0.1%, to 5,562. Netflix Inc. NFLX, +5.36% rose after the company late Wednesday reported blockbuster fourth-quarter earnings. Shares of Tesla Motors Inc. TSLA, +1.91% also rose after Morgan Stanley upgraded the stock to overweight from equal-weight. The euro fell EURUSD, +0.0188% helping to drive the dollar higher, after European Central Bank President Mario Draghi played down a recent pickup in eurozone inflation.

According to Irish Times, There is a scene in the iconic Tom Cruise film Minority Report where his character navigates a holographic interface using special three-fingered gloves with light sensors. Fifteen years ago, this was an impressive sci-fi vision of the future of computing but suddenly it’s looking a bit dated: “We’re now more advanced than Minority Report because Tom Cruise had to wear gloves; with HoloLens you don’t have to,” says John Savage, co-founder and technical director of Action Point, one of the earliest, if not the first, Irish technology company to begin working with Microsoft’s Augmented Reality (AR) headset.

Savage says Action Point is currently talking to number of multinationals in the manufacturing space about using HoloLens for site surveying and visualising IoT (Internet of Things) data. Action Point’s HoloLens programme would both lessen the cost of and streamline the site surveying process: “Usually a company will employ someone to walk with a very expansive laser data scanner that captures dimensions and other physical data about a site. HoloLens would replace this and help automate the process.”

Business Wire – Everspin Technologies, Inc., the world’s leading developer and manufacturer of discrete and embedded MRAM, today announced the appointment of Patrick Patla as Senior Vice President of Marketing. Mr. Patla will be responsible for driving the strategic direction for Everspin and leading the marketing effort to drive growth across the business. He will establish Everspin product roadmaps and manage the development and execution of global marketing strategies that solidify the leadership position of the company.

“Everspin is the leader in MRAM and is bringing game-changing innovations to the enterprise storage and server market,” Patla said. “I’m excited to have the opportunity to contribute and build the Everspin brand at this critical inflection point of the industry.”

Prior to Everspin, Mr. Patla was SVP and General Manager for KNUPATH, a privately held semiconductor company, where he was responsible for establishing product roadmap strategies in the Machine Learning space. In addition, he has held several senior management positions including VP of Server Business Marketing at Samsung and VP and GM of the Server and Embedded Division of Advanced Micro Devices. Pat also led the launch of PowerEdge servers at Dell, Inc., achieving the number one market share in multi-socket servers. Business Wire Report

For investors focus on the performance of the stocks so the AMD showed weekly ahead performance of -13.64% which was maintained for the month at -9.02%. Correspondingly the positive performance for the quarter was remained 48.13% and if took notice on yearly performance that was 406.67% whereas the year to date performance halted at -12.87 %.

About Mark James 452 Articles
Mark James has a masters in Electrical Engineering from USC, is an independent iOS developer, and blogs about technology trends and companies, the focus of his investments.

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