Friday, May 11, 2012

AMD Trinity still on track despite rumours


Shares of AMD have been a little on the weak side lately, down 6 cents, or .9%, at $6.80, apparently on rumour about a delay of their chips called “Trinity”.


According to Raymond James’s chip analyst Hans Mosesmann:

"HP announced its upcoming Trinity based “Sleekbooks” (Ultrabooks in Intel vernacular) that are scheduled to hit the market on June 20th. Ultimately, we would side with HP on this and don’t see any evidence of a Trinity delay at this time. Note that we confirmed timely availability for Trinity when we hosted a non-deal road show with CEO Rory Read earlier this month, and we have reconfirmed with AMD this morning. We expect to see additional Trinity based products in early June at Computex. We see no fundamental reason for the softness today and our thesis remains intact."

source

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