Boston, MA, 08/12/2013 (nysepost) – The new G-series SoC processors that had been developed recently by Advanced Micro Devices, Inc. (NYSE:AMD) had greatly reduced the power consumption to near single digit wattage. The new GX-210JA of AMD had been developed as a System on a Chip processor with the TDP of just 6 watts and the company had further commented that the power consumption for this processor is actually expected to be at 3 watts. The processor had been designed as a dual core fanless 1GHz speed processor which proves to be complete in its design with support for enterprise class ECC RAM.
However, on the downside, this new processor of G series developed by Advanced Micro Devices, Inc. (NYSE:AMD) is observed to have missed out the support for USB 3.0 port and comes just with the L2 cache of 1MB space. This new design of the G series processor had proved to be highly attractive in the markets with its uniqueness lying in the lower consumption of power for the processor in its usage. The stock of AMD had recently been losing out its returns with marginal decline in prices.
Advanced Micro Devices, Inc. (NYSE:AMD) had opened at $3.69 per share on Friday and had thereby lost 1.62% in prices to close at $3.65 per share for the weekend. The stock had price fluctuations during the last trading session of the week ranging from low of $3.63 to high of $3.70 per share. The company’s shares presently have recorded 52 week low at $1.81 and 52 week high price at $4.65 per share. There are 714.00 million shares of this company outstanding in the market with an institutional ownership at 53% of total capital. On Friday, the stock had reported trading volume at 13.67 million shares, while the average level is at 34.22 million shares per day.