We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Advanced Micro Buys HiAlgo to Boost Radeon Software Suite
Read MoreHide Full Article
Known in the gaming arena for its Radeon RX 480 graphics card, Advanced Micro Devices, Inc. (AMD - Free Report) is making some smart moves by investing more in the software segment in a bid to enhance the user experience on its hardware.
Recently, the company announced that it has acquired HiAlgo Inc., a 3D-gaming tool developer for an undisclosed amount to transform the gaming experience on PCs running the Radeon Software suite.
Benefits of the Acquisition
Better gaming experience demands better technology and the HiAlgo team is deft at doing just that! Its expertise lies in creating plugins for Radeon GPUs, which facilitate better gaming performance, check overheating of the components and see that the switch between resolutions is a seamless task.
While much has been achieved by AMD and NVIDIA Corp. (NVDA - Free Report) in the field of semiconductors, something that could unlock the true potential of those processors was long awaited. HiAlgo’s acquisition is just a step forward in that direction.
Given the $140 billion worth gaming hardware market, we note that this acquisition could play an important role in furthering AMD’s gaming ambitions.
HiAlgo’s Offerings
Right now, HiAlgo develops three primary tools namely HiAlgo Boost, HiAlgo Chill and HiAlgo Switch that are compatible with AMD’s RX 480 and targeted at capturing the mass market.
At present, AMD has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology space include AXT Inc. (AXTI - Free Report) sporting a Zacks Rank #1 (Strong Buy) and Alpha & Omega Semiconductor, Ltd. (AOSL - Free Report) , carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Advanced Micro Buys HiAlgo to Boost Radeon Software Suite
Known in the gaming arena for its Radeon RX 480 graphics card, Advanced Micro Devices, Inc. (AMD - Free Report) is making some smart moves by investing more in the software segment in a bid to enhance the user experience on its hardware.
Recently, the company announced that it has acquired HiAlgo Inc., a 3D-gaming tool developer for an undisclosed amount to transform the gaming experience on PCs running the Radeon Software suite.
Benefits of the Acquisition
Better gaming experience demands better technology and the HiAlgo team is deft at doing just that! Its expertise lies in creating plugins for Radeon GPUs, which facilitate better gaming performance, check overheating of the components and see that the switch between resolutions is a seamless task.
While much has been achieved by AMD and NVIDIA Corp. (NVDA - Free Report) in the field of semiconductors, something that could unlock the true potential of those processors was long awaited. HiAlgo’s acquisition is just a step forward in that direction.
Given the $140 billion worth gaming hardware market, we note that this acquisition could play an important role in furthering AMD’s gaming ambitions.
HiAlgo’s Offerings
Right now, HiAlgo develops three primary tools namely HiAlgo Boost, HiAlgo Chill and HiAlgo Switch that are compatible with AMD’s RX 480 and targeted at capturing the mass market.
At present, AMD has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology space include AXT Inc. (AXTI - Free Report) sporting a Zacks Rank #1 (Strong Buy) and Alpha & Omega Semiconductor, Ltd. (AOSL - Free Report) , carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>