The fourth-generation A-series APU contains Heterogeneous System Architecture (HSA) features, along with AMD's Radeon™ R7 Series graphics, according to the company's press release.
"The AMD A-Series APUs bring a superior level of gaming and compute experiences to the desktop PC," said Bernd Lienhard, corporate vice president and general manager of AMD's Client Business Unit. "With support for AMD's acclaimed Mantle API that simplifies game optimizations for programmers and developers to unlock unprecedented levels of gaming performance transforming the world of game development to help bring better, faster games to the PC."
The stock was up 3.14% to $3.94 at 1:16 p.m.
Separately, TheStreet Ratings team rates ADVANCED MICRO DEVICES as a "hold" with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate ADVANCED MICRO DEVICES (AMD) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including relatively poor performance when compared with the S&P 500 during the past year and generally higher debt management risk."