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Friday | December 9, 2016
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AMD shares up nearly 30 percent

AMD shares up nearly 30 percent

As we all expected AMD have had a massive increase in their share value thanks in part to Intel handing over $1.25 billion for settlement of legal disputes. This is AMD’s highest level since mid 2008 and the company right now can really do no wrong.

We have been covering this news for the last few weeks and AMD fans will be rejoicing at the overall company vibrancy – specifically the ATI division as their graphics card releases are leading the way in all sectors of the market. With the release of the 5970 mid week their market leading performance is set to rise even further.

Surprisingly the news of the billion dollar handout has not had a huge effect on Intel’s shares as they rise 4.7 percent since the last report. Analysts said it was the wisest option for Intel because if it had gone to trial they could have ended paying out a lot more than they did.

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Stuart Davidson

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