Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) ended Wednesday session in green amid volatile trading. The shares closed up +0.12 points or 1.94% at $6.29 with 33.45 million shares getting traded. Post opening the session at $6.20, the shares hit an intraday low of $6.14 and an intraday high of $6.32 and the price vacillated in this range throughout the day. The company has a market cap of $5.64 billion and the numbers of outstanding shares have been calculated to be 895.00 million shares.
Advanced Micro Devices, Inc. (AMD) on Aug 31, 2016 announced that it has entered into a long-term amendment to its Wafer Supply Agreement (WSA) with GLOBALFOUNDRIES Inc. (GF) for the period from Jan. 1, 2016 to Dec. 31, 2020.
“The five-year amendment further strengthens our strategic manufacturing relationship with GLOBALFOUNDRIES while providing AMD with increased flexibility to build our high-performance product roadmap with additional foundries in the 14nm and 7nm technology nodes,” said Dr. Lisa Su, AMD president and CEO. “Our goal is for AMD to have continued access to leading-edge foundry process technologies enabling us to build multiple generations of great products for years to come.”
GLOBALFOUNDRIES’ Fab 8 in Malta, N.Y. is playing a significant role in providing leading-edge capacity for AMD’s graphics and processor products, including the recently launched AMD Radeon™ Polaris GPUs and upcoming “Zen”-based processors.
Shares of Micron Technology, Inc. (NASDAQ:MU) ended Wednesday session in green amid volatile trading. The shares closed up +0.74 points or 4.37% at $17.66 with 31.38 million shares getting traded. Post opening the session at $17.25, the shares hit an intraday low of $17.23 and an intraday high of $17.70 and the price vacillated in this range throughout the day. The company has a market cap of $18.31 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.
On September 20, 2016 Lexar, a leading global brand of flash memory products, announced two high-performance storage solutions to easily transfer and share content between devices with USB Type-C or micro-USB port. The Lexar®JumpDrive® C20c USB Type-C flash drive (USB-C) and JumpDrive C20m micro-USB flash drive are the newest products to join the premium suite of C-series mobile products, including the Lexar JumpDrive C20i flash drive. The new JumpDrive products are being launched at Photokina 2016.
“Today`s users are capturing and storing immense amounts of high-quality content on their devices every day,” said Yeon Kim, product marketing manager, Lexar. “Both the Lexar JumpDrive C20m and Lexar JumpDrive C20c provide users with an easy way to transfer, share, and offload content on the go.”
The Lexar JumpDrive C20c USB Type-C flash drive allows users to seamlessly move files between next generation Type-C devices and computers. This premium 3-in-1 drive features both USB Type-C and standard USB-Type A connectors in a convenient charging cable design to provide high-speed performance for fast file transfer with speeds up to 150MB/s read and 60MB/s write. The Lexar JumpDrive C20m micro-USB flash drive is a 3-in-1 solution that features both micro-USB and standard USB Type-A connectors that allows users to easily transfer files between On-The-Go (OTG)-enabled Android(TM) tablets and smartphones.* Both drives utilise USB 3.1 (Gen 1) performance for fast file transfer, with speeds up to 150MB/s read and 60MB/s write. Both JumpDrives are compatible with PC and Mac® systems and backwards compatible with USB 3.0 and 2.0 devices, and will be available in capacities of 32GB, 64GB, and 128GB. Both drives have a three-year limited warranty.