Advanced Micro Devices, Inc. (NASDAQ:AMD) announced an upgrade to its to its advanced software suite for Radeon™ graphics, Radeon™ Software Adrenalin Edition, designed to provide gamers deeply immersive gameplay while engaging with their friends and the gaming community.
Radeon Software Adrenalin Edition introduces the all-new Radeon™ Overlay, a seamless user interface designed to enable gamers to monitor their GPU performance without ever leaving the game, tailor their gameplay to their unique preferences and connect with their friends, all in one place. AMD is also launching the AMD Link mobile app, being made available to millions of iOS and Android users. A powerful complement to Radeon desktop software, AMD Link serves as a “second screen” for monitoring GPU performance and PC system info, enabling gamers to easily share their greatest gaming moments, and keeping them informed about AMD’s latest updates.
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A wide range of features including Radeon™ Chill, Radeon™ WattMan, Enhanced Sync and Radeon™ ReLive – all part of Radeon Software Core Technologies – have also been updated to deliver expanded performance tuning and gaming optimizations.
“Radeon Software Adrenalin Edition continues to set the bar high with remarkable features for allowing gamers to connect with other gamers around the world,” said Andrej Zdravkovic, corporate vice president of software, Radeon Technologies Group. “Now gamers can tailor their gaming experience directly in-game, use our groundbreaking AMD Link mobile app to monitor their gaming performance on their phone, and in an instant, share their best highlights to their streaming platforms and social networks of choice. We’ve designed Adrenalin Edition as a powerful tool for those who aspire to achieve gaming greatness among friends and the community.”
Shares of Advanced Micro Devices are currently trading at $9.95, down $0.21 or -2.06%. AMD has a 1-year high of $15.65 and a 1-year low of $9.42. The stock’s 50-day moving average is $11.25 and its 200-day moving average is $12.53.
On the ratings front, AMD stock has been the subject of a number of recent research reports. In a report issued on November 29, Goldman Sachs analyst Toshiya Hari reiterated a Sell rating on AMD, with a price target of $10.40, which represents a slight upside potential from current levels. However, on November 28, Mizuho’s Vijay Rakesh reiterated a Buy rating on the stock and has a price target of $17.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Toshiya Hari and Vijay Rakesh have a yearly average return of 33.6% and 29.1% respectively. Hari has a success rate of 83% and is ranked #280 out of 4723 analysts, while Rakesh has a success rate of 71% and is ranked #27.
Advanced Micro Devices, Inc. is a global semiconductor company that develops computer processors and related technologies for business and consumer markets. It design and integrate technology for intelligent devices, including personal computers, game consoles and cloud servers. It operates through the following segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom.