Nomura Securities Reiterates a 'Buy' on AMD (AMD); 32nm A-series Availability Announcement
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Price: $152.11 -0.11%
Rating Summary:
48 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
Rating Summary:
48 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
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Nomura Securities reiterates a 'Buy' on AMD (NYSE: AMD), PT $12.
Nomura analyst, Romit Shah, said, "Yesterday, AMD announced the availability of the 32nm A-series APUs (codenamed Llano). A-series APUs will offer up to 10.5hrs of battery life, which is 50% higher than the earlier Danube notebook platform and is very competitive with Intel’s offerings. We believe this is significant as this is the first time AMD offers a competitive battery life in notebooks. We continue to believe that AMD should pick up a couple points (1-2%) of share per year in mainstream notebooks. More importantly, we see the new A-series driving notebook processor ASPs from $43 in 2010 to $62 in 2011."
For more ratings news on AMD click here and for the rating history of AMD click here.
Shares of AMD closed at $7.67 yesterday.
Nomura analyst, Romit Shah, said, "Yesterday, AMD announced the availability of the 32nm A-series APUs (codenamed Llano). A-series APUs will offer up to 10.5hrs of battery life, which is 50% higher than the earlier Danube notebook platform and is very competitive with Intel’s offerings. We believe this is significant as this is the first time AMD offers a competitive battery life in notebooks. We continue to believe that AMD should pick up a couple points (1-2%) of share per year in mainstream notebooks. More importantly, we see the new A-series driving notebook processor ASPs from $43 in 2010 to $62 in 2011."
For more ratings news on AMD click here and for the rating history of AMD click here.
Shares of AMD closed at $7.67 yesterday.
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