Bookmark and Share


A leading investment banking, securities and investment management firm Goldman Sachs today upgraded ATI Technologies to Outperform from In-line based on the fact that ATI Technologies increased its market share in mobile standalone graphics according to a research.

The New York-based analyst firm quoted by believes that ATI Technologies expanded its presence in the market of discrete graphics processors for mobile computers from 51% to 59% and will remain well positioned over the next 2-3 quarters at least.

Research firms today agreed that updated financial guidance for NVIDIA (see this news-story) and challenges the Santa Clara, California-based graphics corporation faces with its new products are positive for ATI, whose revenue has been growing for a number of consecutive quarters and who is managing to win the market share from its rivals, presumably from NVIDIA, S3 and Trident.

The stock reacted on the stories immediately with the price of ATI’s stock closing at $12.00 with daily range between $12.00 to $12.75 and NVIDIA’s stock range between $18.36 to $20.16.

We hope to see more market share figures later this week.


Comments currently: 0

Add your Comment

Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month