What's Triggering Factor Behind the Gains of Advanced Micro Devices Inc (NYSE:AMD)?

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Las Vegas, NV -- (SBWIRE) -- 05/31/2013 -- Advanced Micro Devices, Inc. (NYSE:AMD) Mobile Internet Impactdvanced Micro Devices, Inc. (NYSE:AMD) states that the news of winning game chip win had positive impact on share price and it doubled. The share is currently trading at $4.04.

AMD is a technology company involved in semiconductors. Since increasing number of people are shifting to mobile internet, the use of internet is increasing. Hence the company finds opportunity of growth in market.

The company plans to utilize the mobile market expansion. It is focusing on design as well as manufacture of high quality semiconductor chips.

Advanced Micro Devices, Inc. (AMD) is semiconductor business that operates globally. The company delivers x86 microprocessors that can be standalone devices or incorporated as an accelerated processing unit. The microprocessors are used in commercial and consumer markets. The company offers chipsets for desktop, tablets and mobile devices.

To find out what OTCMAGIC projects for Advanced Micro Devices, Inc. for both short term and long term please click here: AMD

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