Advanced Micro Devices, Inc. (NYSE:AMD) Series of Management Shake Up Continues - LDK, ONNN, TXN

Pompano Beach, FL -- (SBWIRE) -- 01/04/2013 -- Advanced Micro Devices, Inc. (NYSE:AMD)’s management modifications continue, with longtime firm veteran Devinder Kumar substituting Thomas Seifert in the top financial management post.

Can Investors Bet on AMD after this News update? Find out in this Research Report

Advanced Micro Devices carries on seeing alteration in its executive position, naming a permanent chief financial officer just weeks following a vice president and best design engineer left the firm to become a vice president with competitor Samsung Electronics.

AMD declared January 2 that Devinder Kumar, a 28-year expert with the chip maker who had served as provisional CFO since Thomas Seifert's exit in September 2012, is currently the permanent CFO and a senior vice president.

So far today, Advanced Micro Devices, Inc. (NYSE:AMD) shares increased +2.21% to $2.55 while the stock is changing hands within a range of $2.49 – $2.57. In the past year, the stock has traded between $1.81 and $8.35. Its average daily trading volume is 25.87 million shares.

For How Long AMD will Fight for Profitability? Read This Trend Analysis report

Looking at other stocks within industry, LDK Solar Co, ON Semiconductor Corp and Texas Instruments Incorporated were in the gainers list. Let’s have a quick look on their Market performance.

LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares are up +8.85% to $2.09 while the stock is trading within the range of $1.94 – $2.11 in the current trading session. In the last 12 months, shares have floated between $0.71 and $6.92. This stock, on average, has trading volume of 2.04 million shares.

Will LKD Continue To Move Higher? Find Out Here

In this session so far, ON Semiconductor Corp. (NASDAQ:ONNN) shares moved up +0.68% reaching $7.36. The stock is trading in a range of $7.25 – $7.39. In the last year the stock has moved within a range of $5.70 – $9.85. The Company’s average daily trading volume is 6.37 million shares.

Why Should Investors Buy ONNN After The Recent Gain? Just Go Here and Find Out

Another rival company, Texas Instruments Incorporated (NASDAQ:TXN), is trending +0.69% higher to $32.12. The stock price is hovering in range of $31.75 to $32.18. In the previous 52 weeks, shares price ranged between $26.06 and $34.24. Their average daily trading volume is 7.79 million shares.

What was the Moving Force behind TXN On Bullish Run? Read This Research Report

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