On Tuesday, Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), lost -15.38% to $2.09, hitting its lowest level.
Advanced Micro Devices, unveiled innovation in heterogeneous high performance computing (HPC) by delivering more than 1.5 petaFLOPS of AMD FirePro™ S9150 server GPU performance for the Next Generation Sequencing Centre (NGSC) at the Centre of New Technologies, University of Warsaw in support of bioinformatics research related to next generation sequencing (NGS) studies. The new ORION cluster features 150 Dell PowerEdge R730 servers with two AMD FirePro S9150 server GPUs, for a total GPU peak of 1.52 petaFLOPS single precision and 0.76 petaFLOPS double precision performance1. The energy-efficient cluster enables high speed and efficient calculations for genomic data, applicable to a range of genomics and bioinformatics studies, using a fast and power efficient OpenCL™ implementation for research applications.
“We’re committed to building our HPC leadership position in the industry as a foremost provider of computing applications, tools and technologies,” said Sean Burke, corporate vice-president and general manager, AMD Professional Graphics. “This installation reaffirms AMD’s leading role in HPC with the implementation of the AMD FirePro S9150 server GPUs in this 1.5 petaFLOPS supercomputer cluster. AMD and Dell are enabling OpenCL™ applications for critical science research usage for this cluster. AMD is proud to collaborate with Dell and NGSC to support such important life science and computer science research.”
“Dell is passionate about the HPC market and committed to powering the revolutionary discoveries being made by top research organizations and enterprise around the world,” said Ravi Pendekanti, vice president, product administration, Dell Server Solutions. “Together, Dell and AMD have reached a new level with the NGSC project, revealing the true power of the Dell PowerEdge R730 with AMD FirePro S9150 GPUs. There is no doubt that our joint NGSC project delivers top-tier performance for critical HPC applications, while also providing major energy efficiencies.”
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.
Shares of Southern Company (NYSE:SO), inclined 2.64% to $44.26, during its last trading session.
The Southern Company, plans to release its earnings for the second quarter of 2015 at 7:30 a.m. EDT on Wednesday, July 29.
Chairman, President and Chief Executive Officer Thomas A. Fanning and Chief Financial Officer Art P. Beattie will talk about earnings during a conference call for financial analysts at 1 p.m. EDT on Wednesday, July 29.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Finally, Tesla Motors, Inc. (NASDAQ:TSLA), ended its last trade with -4.23% loss, and closed at $267.88.
Tesla Motors, declared that it is ongoing to work with its current bank lender on the annual extension of its credit facility agreement, which is normally accomplished in May of each year. The Company has requested amendments to certain terms, counting a temporary waiver of its Funded Debt to EBITDA covenant and changes to the borrowing base formula which determines its loan limits. The amendments have been requested to avoid a breach of these covenants. Tesla has also received a preliminary proposal from another party for an additional loan, which it is pursuing while concurrently working with its bank lender on the terms of the credit facility. The Company anticipates to provide a further update regarding the credit facility and the projected new loan, when negotiated.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally. It also provides development services to develop electric vehicle powertrain components and systems for other automotive manufacturers.
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