Advanced Micro Devices, Inc. (NASDAQ:AMD) announced thatSamsung Electronics Co., Ltd. selected the AMD Embedded G-Series SoC (system on chip) for a new line of all-in-one cloud monitors featuring integrated thin client technology. The Samsung 21.5-inch TC222W and 23.6-inch TC242W are powered by AMD Embedded G-Series SoCs that couple high-performance compute and graphics capability in a highly integrated, low power design. The AMD SoC improves data transfer rates and saves space on the motherboard, which makes it a perfect fit for the compact form factors required by thin clients.
“Thin client is a key market for AMD Embedded Solutions and we’re thrilled that Samsung has chosen to partner with us for their newest line of products,” said Scott Aylor, vice president and general manager, Embedded Solutions, AMD. “The collaboration with Samsung builds on the number one position AMD holds in a market that continues to grow, becoming more and more prevalent in commercial installations that serve a broad range of markets.”
Planned availability starting in Q3 2015, the Windows®-supported Samsung cloud monitors will provide customers with expanded choice, capability and configuration flexibility. Complete withSamsung’s professional-grade display panel, the cloud monitors will create a superior user experience through easy connectivity and high-quality reliability. As a superior option for effective desktop virtualization, Samsung’s thin-client monitors will also enable improved productivity and optimized end-to-end performance.
KEY THIN CLIENT CLOUD MONITOR SPECIFICATIONS
||AMD GX222 APU (2.2GHz Dual-core SoC)
||WES 7, 32bit / 64bit
||USB 3.0(2), USB 2.0(4), RJ45, DVI-I Out, D-Sub In
“Samsung’s powerful Windows Thin Client Cloud displays combine professional, ergonomic design with advanced thin-client technology to drive better manageability, security and business efficiency through a dedicated Virtual Desktop Infrastructure (VDI),” said Seog-Gi Kim, senior vice president, Visual Display Business, Samsung Electronics. “Strengthened by our partnership with AMD, our all-in-one TC222W and TC242W cloud monitors reinforce our leadership in the thin-client industry. We’re proud to announce the launch of these innovative thin client solutions, enhancing our ability to respond to the IT equipment needs of our customers worldwide.”
AMD thin client solutions continue to gain market adoption because of the move to cloud-based computing. Increasingly, thin clients are also being used for more complex and high performance tasks. This is especially true for devices incorporating x86 CPUs and sophisticated graphics. The surge of innovation in the desktop virtualization market has created new opportunities for powerful thin clients that are now capable of executing demanding tasks including computer-aided design and 3D modeling.
The Embedded AMD G-Series SoC combines graphics computing circuitry with x86-based central processing cores in the same accelerated processing unit (APU) design. They are built to handle a range of embedded applications and are designed to provide the highest levels of power efficient graphics and compute capabilities in the market. (Original Source)
Shares of Advanced Micro Devices closed yesterday at $2.35 . AMD has a 1-year high of $4.80 and a 1-year low of $2.14. The stock’s 50-day moving average is $2.30 and its 200-day moving average is $2.62.
On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report issued on June 11, Wedbush analyst Betsy Van Hees reiterated a Hold rating on AMD, with a price target of $2.50, which implies an upside of 6.4% from current levels. Separately, on June 10, Jefferies Co.’s Mark Lipacis maintained a Buy rating on the stock and has a price target of $4.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Betsy Van Hees and Mark Lipacis have a total average return of 17.3% and 14.9% respectively. Hees has a success rate of 52.4% and is ranked #277 out of 3629 analysts, while Lipacis has a success rate of 68.9% and is ranked #144.
In total, 3 research analysts have rated the stock with a Sell rating, 7 research analysts have assigned a Hold rating and 3 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $2.84 which is 20.9% above where the stock closed yesterday.
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.