Dallas, Texas 04/14/2014 (FINANCIALSTRENDS) – Advanced Micro Devices, Inc.(NYSE:AMD) was once the disruptive hardware and internal component maker of PCs, which broke the hegemony of the bluechip PC manufacturers. In many ways, it was the ilk of players such as AMD, which bought about the PC revolution.
Advanced Micro Devices, Inc.(NYSE:AMD) primary driver has been low-cost PC components, which eventually led to the prices of the products falling below the expensive ‘branded’ and ‘packaged’ PCs.
Advanced Micro Devices, Inc.(NYSE:AMD) all-budget matching PC product lines have been the definition of computer adoption and literacy in many parts of the world.
However, with the near-death of PC mode of operations, it is now time for Advanced Micro Devices, Inc.(NYSE:AMD) to make some drastic and well-aligned strategic changes.
AMD on new phase of growth
Heading the list is Mentor Graphics Corporation, partnering whom the company will now reach out to newer disruptive technologies.
Here, with the new partner, AMD hopes to play a critical role in developing and making available such products as the – open-source Linux products.
AMD is already on a strategic line-up with such products as the heterogeneous as well as multi-core processors. Embedded developers will now continue to offer simplified products from its stables.
The significance of this move by AMD, is noted by the substantial increase in the stock price. It rose by $4 per share.
However, the point forward for AMD is to achieve momentum on multiple capabilities. In addition to working with Mentor Graphics, the company should also move forward in other verticals as well. The new plans – as a solution provider as well as graphics support person is indeed delightful and satisfying. Incidentally, the recent launch of AMDs latest graphics card- has continued to attract buyers. Additionally, AMD has also made significant progress on game developing technology, bringing in higher returns for this chipmaker.