Advanced Micro Devices, Inc. (NYSE:AMD)
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The Company is a global semiconductor company with facilities around the world. It provides processing solutions for the computing, graphics and consumer electronics markets.
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AMD has made two big gambles recently, and both seem to be paying off, The first was building a thoroughly modern graphics, scalable chipset architecture with support for all the features that gamers and home theatre PC enthusiasts want; the second was designing a combinatoin CPU/GPU that was powerful and inexpensive, yet energy effficient, positioning them well for low-end PCs and portable devices. While they have stumbled on high--end processors and are playing catch-up on software APIs to support their powerful GPUs, they are extremely well positioned to be a break-out stock over the next 2-3 years.