Boston, MA 04/16/2014 (wallstreetpr) – Advanced Micro Devices, Inc. (NYSE:AMD) launched powerful graphic card (AMD Radeon R9 295X2) for PC gaming. The Company develops the product under Graphics Core Next (GCN) architecture to provide high resolution setting for gaming.
AMD Radeon R9 295X2
The GCN architecture provides high performing gaming solutions compared to the technology available in the market. Radeon R9 295X2 designs with advanced features such as pre-assembled, closed loop and free liquid cooling system to provide consistent performance for long duration with a minimum or less maintenance. AMD develops the product in partnership with Asetek. Asetek primarily designs and provides liquid cooling technology for servers and PCs. Radeon R9 295X2 will be available at a price of $1499 and €1099.
Target industry
Competition in microprocessor and graphic design industry remains high to offer exceptional users’ experience over gaming products. So, the industry is developing embedded devices with high performance microprocessors, graphics, high levels operating systems and IP connectivity. So, the embedded systems will design products with ultra HD resolution, gaming at 1080p with accelerated applications.
AMD’s prospect
Advanced Micro Devices, Inc. (NYSE:AMD) has a solid presence in the embedded solutions market and expects total addressable market of ~15.5 billion by 2016. AMD’s Radeon R9 and R7 series lead the gaming market and new apps along with sound (AMD TrueAudio) and visual (AMD Eyefinity) solutions will certainly enhance the product as well as users’ experience. Radeon Sky series also offers cloud gaming hardware and software.
So, the Company continues to diversify its product portfolio by focusing on high growth markets such as embedded services, professional graphics, semi-custom design and dense servers. Strong leadership position in embedded solutions such as ARM and x86 for low-power and high performance products will further boost performance in high growth embedded market. Advanced Micro Devices, Inc. (NYSE:AMD) expects positive growth in revenue and profitability in 2014.