NEW YORK, NY / ACCESSWIRE / November 20, 2017 / It was announced last week that AMD has won two awards at the "Best Tech 2017 Awards." Intel Corporation also announced its XMM 7660 last week. Both stocks saw slight gains in Friday trading.

RDI Initiates Coverage on:

Advanced Micro Devices, Inc.
https://rdinvesting.com/news/?ticker=AMD

Intel Corporation
https://rdinvesting.com/news/?ticker=INTC

Advanced Micro Devices, Inc. shares closed up 1.16% on Friday with nearly 57 million shares traded. Though there was no remarkable news on Friday from the company, it was last week that AMD won "Brand of the Year" in Trusted Reviews at the "Best Tech 2017 Awards." The company also won "PC Component of the Year" for the AMD Ryzen processor. Evan Kypreos, the Editor of Trusted Reviews remarked, "AMD redefined what gamers could expect from their PCs this year, which is a major factor in winning the reader-voted award. In doing so, it beat Samsung, Apple, and Intel. The award tops off a sterling year for the company, which boasted a 300% profits increase in its most recent earnings report thanks to huge sales of its new Ryzen processors." AMD Chief Marketing Officer John Taylor stated, "2017 has been an incredible year for AMD in delivering both AMD Ryzen processors and Radeon? RX Vega Graphics to a passionate response from enthusiasts, whom appreciate the industry-leading innovation AMD brings to the PC market. We're thrilled and grateful to the Trusted Reviews audience for their recognition of continued AMD efforts to push the boundaries of what is possible for developers, enthusiasts, creators, consumers and gamers."

Access RDI's Advanced Micro Devices, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMD

Intel Corporation shares closed down 2.23% on nearly 64 million shares on Friday. It was last Thursday that the processor company announced its next-generation LTE modem called the XMM 7660. The company said the new modem can download speeds of up to 1.6 gigabits per second. It will start shipping in commercial devices in 2019. Intel also announced that it has completed a full end-to-end 5G call based on its early 5G silicon, the Intel® 5G Modem. It also announced the XMM 7560 modem has achieved gigabit-class speeds. Intel's corporate vice president and general manager of the Communication and Devices Group, Dr. Cormac Conroy, stated, "Intel is committed to delivering leading 5G multi-mode modem technology and making sure the transition to 5G is smooth. Our investments in a full portfolio of modem technologies and products are critical to achieving the vision of seamless 5G connectivity." Intel's senior vice president and general manager at the Network Platforms Group, Sandra Rivera commented, "Today's wireless networks are the equivalent of data driving down a single-lane highway; tomorrow's will need to serve as a multilane superhighway as data moves at warp speed with 5G networks. Our roadmap progress shows how Intel is moving at gigabit speeds to help the industry create this superhighway and benefit from the speed, capacity and low latency that 5G promises."

Access RDI's Intel Corporation Research Report at:
https://rdinvesting.com/news/?ticker=INTC

Our Actionable Research on Advanced Micro Devices, Inc. (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC) can be downloaded free of charge at Research Driven Investing.

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