At Embedded World, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its 3rd Generation AMD Embedded G-Series SoCs and the Embedded G-Series LX SoC, providing customers a broadened portfolio of performance options. The latest offerings expand developers’ ability to scale x86 platforms, starting with the entry-level AMD Embedded G-Series LX SoC, which is pin compatible to the previous generation G-Series SoC devices. Also announced today are two new, higher performing 3rd Generation AMD Embedded G-Series SoCs, codenamed “Prairie Falcon” and “Brown Falcon,” which introduce for the first time pin compatibility for G-Series processors with the higher performance AMD Embedded R-Series SoC.
The new products expand upon the low power capabilities of the award-winning AMD Embedded G-Series SoC platform, bringing scalable performance, power, and price across the CPU, GPU, multimedia, and I/O controller hardware, helping to lower development costs for AMD customers. Together, the new G-Series processors deliver immersive, graphically rich experiences across a broad range of platforms, from entry-level to mainstream gaming, digital signage, imaging, and industrial control.
“The latest AMD Embedded G-Series SoC additions offer our customers a broad range of mainstream embedded solutions, including two that are in the same package as the higher-performance R-Series,” said Scott Aylor, corporate vice president and general manager, AMD Enterprise Solutions. “The new SoCs further our commitment to provide embedded design engineers with an evolutionary path toward the highest levels of power efficient compute and graphics capabilities, and a strong value proposition for a broad range of embedded applications.”
The new G-Series’ balanced set of peripheral support, performance options, and overall energy efficiency are expected to make an immediate impact with AMD customers and the embedded ecosystem.
“The embedded market is an incredibly dynamic space right now, enabled by more immersive graphics and significant gains in power efficiency and performance,” saidShane Rau, IDC. “The advent of versatile system on chip (SoC) solutions that are pin-compatible across a range of performance and price, coupled with comprehensive embedded software stacks, are giving product engineers a much greater range of choices in building dynamic, graphically rich next gen systems.” (Original Source)
Shares of Advanced Micro Devices closed yesterday at $2.01. AMD has a 1-year high of $3.23 and a 1-year low of $1.61. The stock’s 50-day moving average is $2.10 and its 200-day moving average is $2.08.
On the ratings front, AMD has been the subject of a number of recent research reports. In a report issued on January 20, Northland Securities analyst Gus Richard reiterated a Buy rating on AMD, with a price target of $5, which implies an upside of 148.8% from current levels. Separately, on the same day, Deutsche Bank’s Ross Seymore maintained a Hold rating on the stock and has a price target of $2.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Gus Richard and Ross Seymore have a total average return of 2.8% and 14.7% respectively. Richard has a success rate of 59.7% and is ranked #744 out of 3638 analysts, while Seymore has a success rate of 59.7% and is ranked #68.
The street is mostly Neutral on AMD stock. Out of 7 analysts who cover the stock, 4 suggest a Hold rating , 2 suggest a Sell and one recommends to Buy the stock. The 12-month average price target assigned to the stock is $2.70, which represents a potential upside of 34.3% from where the stock is currently trading.
Advanced Micro Devices Inc is a semiconductor company with facilities around the world. It operates in two segments: Computing Solutions and Graphics and Visual Solutions.