Last Update 23/04/2013 14:52
One year ago Advanced Micro Devices, Inc. (NYSE:AMD) company stock was publically trading for $8.20 per share, and since then value has sunk to as low as $1.86 per share, performing far worse than other stocks within the same industry. While the numbers don't lie, they don't always tell the entire story. Not so long ago I wrote an article that asserted how game developers would see new demand for their products as the platform technology improved. The obvious winners were those invested in game console production and development, but it was too early to point the finger at many specific names. Sony's PlayStation and Microsoft's XBOX platform were expected to thrive well into the next generation, but hardware component suppliers were still an unknown... until now. Unofficially announced, both Sony and Microsoft have selected Advanced Micro Devices as the source of their next-generation console processor needs. How much will this help to save a fa! iling company?
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