{"id":4788,"date":"2014-06-19T14:12:32","date_gmt":"2014-06-19T14:12:32","guid":{"rendered":"\/?p=4788"},"modified":"2014-06-19T14:15:56","modified_gmt":"2014-06-19T14:15:56","slug":"advanced-micro-devices-inc-nyseamd-with-bold-plans-for-2020","status":"publish","type":"post","link":"\/articles\/advanced-micro-devices-inc-nyseamd-with-bold-plans-for-2020\/","title":{"rendered":"Advanced Micro Devices, Inc. (NYSE:AMD) With Bold Plans for 2020"},"content":{"rendered":"

\"34AMD_chart.png\"Advanced Micro Devices, Inc. (NYSE:AMD<\/a>) came up with a press release a few hours ago, informing of future plans and projections. AMD<\/a> stock traded near its average daily volume, at 14.7 million shares changing hands, and ended the day 1.5% in the red, at $4.40 per share. <\/p>\n

AMD<\/a> announced plans to improve and perfect its accelerated processing unit (APU) technology and subsequently deliver energy efficiency gains of up to 2500% until 2020. The company’s CTO Mark Papermaster made the announcement during an international IT conference in China yesterday. The same PR underlines this as a bold goal, as AMD<\/a> managed to improve its energy efficiency ‘more than 10x’ over the past six years, so a 25x increase is something to look forward to.<\/p>\n

The PR is further padded with figures of global power consumption by computers and explains the company’s ongoing commitment to work towards lowering expenses through its new technologies.<\/p>\n

AMD<\/a> is expected to report Q2 earnings just shy of a month from now, on July 17. The company will conduct a conference call after the markets close to brief shareholders on its performance. AMD<\/a>‘s last quarterly covers the period ended March 2014 and contains the following:<\/p>\n