Advanced Micro Devices (NYSE:AMD): Current price $2.59
The company Vice President and Embedded Solution General Manager Arun Iyengar says that AMD will concentrate upon expanding its embedded solutions so as to create more business opportunities, and to raise its embedded business’ revenues contribution to 20 percent this year from the 5 percent currently generated. Iyengar noted that although it takes 36 to 60 months of development time for his firm to obtain orders for embedded solutions from a new client, shipments usually last for 5 to 7 years, allowing a stable income stream.
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