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Why Advanced Micro Devices, Inc. (AMD) had spiked +52.29% on 4/22/16?



April 25, 2016 – Comments (0) | RELATED TICKERS: AMD , INTC , NVDA

I found out here on this link Are AMD’s 3 new gaming chips destined for PS4K, Xbox One Slim, and Nintendo NX? with video below. According to these sources the reason for the +52.29% spike on April 22, 2016 is speculation!

For those who aren't familiar with the major components that make up computers and game consoles starting with the expensive working way to least. central processing unit (CPU), graphics processing unit (GPU), chipset, Hard disk drive (HDD) or solid-state drive (SSD) or hybrid drive (SSHD), Random-access memory (RAM), an etc.


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AMD hints at new chips, but are they for PS4, Xbox, or Nintendo? 


 wochit Tech Published on Apr 22, 2016

Now that the Xbox One, Playstation4, and Nintendo WiiU are a few years old, there has been massive amounts of speculation about the future consoles for all three gaming juggernauts. Hardware and software updates are definitely the top of the list for the Playstation 4k, the Nintendo NX and whatever new update the Microsoft is planning for the XBox. And now AMD is actively part of that speculation since its quarterly earnings release bragged about a new system on chip deal to design three custom chips. Both the Playstation4 and the Xbox One contain AMD hardware, but these new chips could also be destined for the Nintendo NX as well. The new chips are scheduled to be completed this fall, leading some fans to believe that they are meant for the Playstation4 update.

This video was produced by YT Wochit Tech using 

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