Advanced Micro Devices, Inc. (NASDAQ:AMD) announced that the new Dell Precision™ 3510, 7510, and 7710 mobile workstations are powered by AMD FirePro™ mobile GPUs for outstanding application performance. Mobile workstation users, especially those in the Media and Entertainment field, will benefit from the AMD FirePro™ W7170M GPU with outstanding graphics performance in the Dell Precision 7710 mobile workstation matched with almost 3 TFLOPS of single-precision GPU compute power for GPU-accelerated applications and workflows.
For engineering and design pros, Dell Precision™ mobile workstations with AMD FirePro™ W7170M, AMD FirePro™ W5170M, and AMD FirePro™ W5130M professional graphics offer a powerful and reliable platform for advanced Computer-Aided Design, Computer-Aided Manufacturing, and Computer-Aided Engineering software. AMD professional graphics are certified by leading independent software vendors (ISVs) to ensure stability and performance under extreme compute-intensive workloads.
“We’re proud to empower Dell Precision mobile workstation users with the new generation of AMD FirePro mobile graphics,” said Sean Burke, corporate vice president and general manager, AMD Professional Graphics group. “For example, the AMD FirePro W7170M is our top of the line AMD mobile GPU for professional workloads, and now it’s available exclusively with the Dell Precision 7710, making it one of the most powerful workstation notebooks you can get today. AMD delivers exceptional professional graphics power that customers can rely on, backed by rock-solid drivers and certified application performance.”
“The new portfolio of Dell Precision workstations delivers an incredible amount of innovation and performance to those critical workstation users that demand the best possible experience for their workflows,” said Rahul Tikoo, Director and General Manager, Dell Precision. “With AMD FirePro professional graphics we’re able to pack high-performance, desktop-class graphics into our mobile workstations; it’s a great option that gives users the assurance they can accomplish a wide variety of tasks with a mobile computing solution.”
AMD FirePro™ professional graphics cards are optimized and certified for leading workstation applications, helping ensure ultra-high geometry performance and smooth handling of complex data sets. New levels of performance also make these GPUs a prime choice for compute-intense applications, accelerating professional workloads beyond just graphics. (Original Source)
Shares of Advanced Micro Devices closed yesterday at $1.72. AMD has a 1-year high of $3.46 and a 1-year low of $1.61. The stock’s 50-day moving average is $1.79 and its 200-day moving average is $2.20.
On the ratings front, AMD has been the subject of a number of recent research reports. In a report issued on September 11, Bernstein Research analyst Stacy Rasgon upgraded AMD to Hold. Separately, on September 2, 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, Stacy Rasgon and Ross Seymore have a total average return of 2.0% and 17.9% respectively. Rasgon has a success rate of 50.0% and is ranked #1491 out of 3755 analysts, while Seymore has a success rate of 61.9% and is ranked #64.
Overall, 5 research analysts have rated the stock with a Sell rating, 8 research analysts have assigned a Hold rating and 2 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 $2.45 which is 42.4% 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.