Stock Update (NASDAQ:AMD): Advanced Micro Devices, Inc. Lights Up Broadway With Times Square’s Largest High Definition Display

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced details behind one of the world’s largest and most technologically advanced display walls, located in New York’s Times Square at 1535 Broadway, between 45th and 46th Streets. The stunning visuals that drive the digital sign’s massive size — 25,000 square feet of Ultra-High Definition digital signage incorporating nearly 24 million pixels — are powered by AMD FirePro™ professional graphics cards.

The sign, with playback system designed and managed by Diversified Media Group, is a single surface covering a city block in length and stands eight stories high. Driving the visual display are three AMD FirePro professional graphics cards using AMD Eyefinity Technology, with each card powering six sections of the display for a combined resolution of 10,048 x 2,368 pixels. The individual display sections are synchronized across graphics cards and zones using the FirePro™ S400 synchronization module.

“Graphics realism is a key driver for the next generation of immersive experiences, whether through display walls, virtual reality, or other aspects of visualization,” said Forrest Norrod, senior vice president and general manager, EESC Business Group, AMD. “The Times Square display powered by our AMD FirePro professional graphics and scalable Graphics Core Next architecture is a great example of how AMD is ready and able to innovate with customers and push the boundaries of visual technology.”

AMD FirePro graphics and Graphics Core Next architecture meet a broad set of application needs by executing an enormous number of operations in parallel within a single computer clock cycle. Those operations, applied to billions of polygons every second, are what make a display wall or animation look real to the human eye.

“The visual and technical requirements for creating one of the world’s largest display walls and with Ultra-high Definition were daunting,” said Mitchell Mittler, vice president, Technical Solutions,Diversified Media Group. “To achieve a state-of-the-art implementation on this scale necessitated industry leaders who could meet these requirements and also deliver rock solid support. With the cutting edge AMD FirePro professional graphics cards, AMD delivered on all fronts and we couldn’t be more pleased with the result.” (Original Source)

Shares of Advanced Micro Devices closed yesterday at $2.28 . 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 $2.41 and its 200-day moving average is $2.66.

On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report issued on May 15, Morgan Stanley analyst Joseph Moore maintained a Sell rating on AMD, with a price target of $2.25, which represents a slight downside potential from current levels. Separately, on May 7, Nomura’s Sanjay Chaurasia reiterated a Hold rating on the stock and has a price target of $3.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Joseph Moore and Sanjay Chaurasia have a total average return of 12.6% and 6.8% respectively. Moore has a success rate of 59.0% and is ranked #510 out of 3610 analysts, while Chaurasia has a success rate of 63.6% and is ranked #1695.

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 24.6% 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts