American multinational semiconductor company based in Santa Clara, California and Austin, Texas that develops computer processors and related technologies for business and consumer markets.
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California and Austin, Texas that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company later outsourced its manufacturing, a practice known as fabless, after GlobalFoundrieswas spun off in 2009. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.
AMD is the second-largest supplier and only significant rival to Intel in the market for x86-based microprocessors. Since acquiring ATI in 2006, AMD and its competitor Nvidia have maintained a duopoly in the discrete Graphics Processing Unit (GPU) market.
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Advanced Micro Devices Details
Operating Status:Active
Business TypePublic
HeadquartersSanta Clara, California & Austin, Texas, United States
Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.
Stocks surged at the open, one day after posting their worst day since the Oct. 1987 crash. The Dow Jones Industrial Average jumped 1,238 points, for a gain of 5.8%. The S&P 500 rose 5.2%, while the Nasdaq Composite jumped 5.7%.
Tech stocks are negatively influenced by the coronavirus and are falling seriously. The most significant drops were demonstrated by AAPL and MSFT yesterday.
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