AMD's Stock is now up 52%

AMD's Stock is now up 52%

| Source: AMD Author: Mark Campbell

AMD's Stock is now up 52%

AMD's Stock is now up 52%, with a value of 3.99USD, the largest increase the company has ever seen received since it was first listed in 1979.

This comes after the companies Q1 2016 quarterly report, where the company stated that they will be making 3 new semi-custom SoCs (which are likely to be used in future consoles), that they will be releasing a new generation of GPUs next quarter and that they now have a licencing deal with Chinese companies that is worth over $293 Million.

The company has also increased their expectation for Q2 2016 earnings, with the company expecting to make gains in the discrete GPU market.

AMD's Lisa Su has stated that the company expects to regain client compute and discrete graphics market share over the next quarter, stating that this will be due to their strong software and the high power efficiency of their new Polaris GPU Architecture.

One thing to note is that this comes not long after Intel has announced major layoffs and plans to move their focus outside the traditional desktop PC market, leaving the door wide open for AMD to make some market share gains moving forward.

You can join the discussion on AMD's Stocks rising 52% on the OC3D Forums.

AMD's Stock is now up 52%, with the company expecting market share gains next quarter. https://t.co/QBO02WoeiM pic.twitter.com/gmZBxBqOZ6 — OC3D (@OC3D) April 23, 2016

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