Option Brief: Advanced Micro Devices, Inc. (NYSE:AMD) has jumped 6.6% to $3.98 today on no apparent news, bringing the stock back above its year-to-date breakeven mark (and perhaps prompting some uncertainty in the heart of Monday's option bear).
Advanced Micro Devices missed the boat on the tablet and smartphone revolution. That fact is not up for debate. But the microprocessor designer may have found a new lease on life in traditional PC systems -- aimed at emerging markets.
AMD (AMD -0.1%) is selling $600M worth of 6.75% senior notes due 2019. The chipmaker plans to use the net proceeds ($590M) to buy back up to $425M worth of 6% convertible senior notes due 2015, and up to $200M worth of 8.125% convertible senior ...
When Advanced Micro Devices (AMD) launched its Hawaii-Series Radeon graphics cards last year, it included exclusive support for a new AMD developed Application Programming Interface (API) called Mantle.