Advanced Micro Devices, Inc. (NYSE:AMD) stock surged

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Dallas, Texas 08/09/2013 (Financialstrend) – AMD (NYSE: AMD) proclaimed that Senior Vice President and General Manager, Global Business Units Lisa Su will be contemporaneous at the Citi Global Technology Talks at 9:45 a.m. EDT on Wednesday, September 4, 2013 in New York. AMD has made a semiconductor proposal which is most important in the next years of vivid numeral involvements with its innovative AMD Accelerated Processing Units (APUs) that command a wide choice of work out devices. AMD’s server computing goods are concentrated on pouring industry leading cloud computing and virtualization situations. AMD’s superior visual aid expertise is found in a variation of way out ranging from game cheer up, PCs to processors.

Consuming churned sideward for the preceding two weeks, Advanced Micro Devices, Inc. (NYSE:AMD) is now on the trot into short-term procedural support, and some bullish opportunities players are as well as on a recoil higher. For the duration of the last 10 tradeoff days (which does not add in any pre-earnings assumption), 16,770 calls have been exposed on the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), associated to just 2,289 puts. Rotating to shorter-term choices, on the other hand, the picture isn’t as specific. The August 3.50 noise has been in effort of late, has not built up attention and has spiked by approximately 8,000 contracts during the past three days. In the back-month sequence, the September 4 call has brought in notable consideration; open attentiveness has augmented by 3,200 over the preceding two weeks.

Advanced Micro Devices, Inc. (NYSE:AMD) made gain of 0.54% to close at $3.71 per share on Thursday with intraday activities ranging from low of $3.61 to high of $3.73 per share. The 52 week low value for the stock is at $1.81 per share and 52 week high value is at $4.65 per share. There are presently 714.00 million shares of the company outstanding in the market with institutional ownership of 53%. The transaction volume on Thursday was at 16.99 million shares with average level at 34.44 million shares per day.

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