Advanced Micro Devices Inc.
) is collaborating with Ubisoft to provide support to Far Cry 3
in the U.S. The latest chapter of the Far Cry franchise for PCs
is being developed with AMD's Gaming Evolved program.
Apart from the Gaming Evolved program, Ubisoft is also
utilizing AMD Radeon graphics, AMD Eyefinity and AMD CrossFire
technologies for Far Cry 3. The collaboration is an attempt to
bring an enhanced gaming experience for PCs.
Founded in 1986, Ubisoft Entertainment S.A. is a French video
game developer, publisher and distributor. It is the third
largest game developer in the U.S.
AMD is leaving no stone unturned to attract gamers as it is
offering a free download code for Far Cry 3 with the purchase of
AMD Radeon HD 7770 GHz Edition, HD 7800 Series or HD 7900 Series
Far Cry 3 can also be played on gaming consoles such as
) Xbox 360,
) PlayStation 3 and
) Wii U. Far Cry is one of the most popular games
A study conducted by DFC Intelligence suggests that the global
gaming market is expected to increase from $67.0 billion in 2012
to $82.0 billion in 2017. The estimate suggests that there are
opportunities for gaming companies to increase their stakes in
the market. This can become positive for AMD in the long-term as
it can deploy its GPUs in other games as well.
AMD's revenues in the third quarter came in at $1.27 billion,
down 10.2% sequentially and 24.9% year over year, more or less in
line with its revised guidance of a 10% sequential decline (at
the mid-point). Revenues were also in line with consensus
expectations of $1.28 billion. The Graphics business generated
27% of its sales and was down 6.8% sequentially and 15.1% from
the year-ago quarter.
AMD's shares carry a Zacks Rank #5 (Strong Sell).
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