Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] climbed reacts as active mover, shares a gain 1.86% to traded at $11.53 and the percentage gap between open changing to regular change was 0.53%. AMD reported some additional information about its upcoming Ryzen chips at CES this week. Having spent over four years designing the architecture, the company plans to keep it around for at least that long.
That’s according to CTO Mark Papermaster, who was on-hand to discuss the chip. First things first, AMD is promising a hard launch for Ryzen, without any paper launches, limited availability, or limited product introductions. When Zen debuts it’ll debut in multiple (still unknown) configurations, not a single eight-core part.
As PCWorld details, Papermaster also confirmed the four-year target and emphasized that it didn’t mean AMD wouldn’t iterate the core. “We’re not going tick-tock,” Papermaster said. “Zen is going to be tock, tock, tock. There are several ways to read this sentence. Tick-tock refers to Intel’s previous practice of introducing new CPU architectures in one product cycle and new manufacturing nodes in the other. AMD has never strictly deployed an equivalent approach over multiple product cycles. I wouldn’t necessarily conclude that Papermaster is saying AMD won’t deploy Zen on new manufacturing nodes over time, but that AMD intends to implement an aggressive series of tweaks and improvements to the current core as time goes by.” The firm’s current ratio calculated as 1.90 for the most recent quarter. The firm past twelve months price to sales ratio was 2.53. As far as the returns are concern, the return on equity was recorded as 232.40% and return on investment was -27.10% while its return on asset stayed at -16.90%. The firm has total debt to equity ratio measured as 4.24.
Golden Star Resources Ltd. (NYSE:GSS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.34% to close at $0.75 with the total traded volume of 265045 shares. Golden Star Resources Ltd. (NYSEMKT:GSS) reported that commercial production has been achieved at its Wassa Underground Gold Mine in Ghana, effective January 1, 2017.The project construction of Wassa Underground, including the installation of all ancillary infrastructure, is essentially complete and operational, in accordance with the Company’s planned schedule and budget.
Gold production is anticipated to continue to ramp up during 2017 as Golden Star’s mining operations begin to access the B Shoot, which is a higher grade area of the Wassa Underground ore body. The Company plans to begin longitudinal stoping of the B Shoot in the first quarter of 2017, with the larger, transverse stopes expected to be accessed in the third quarter of 2017. The firm has institutional ownership of 61.40%. Its price to sales ratio ended at 1.66. GSS attains analyst recommendation of 3.00 with week performance of 2.67%.