Advanced Micro Devices, Inc. (NYSE:AMD) Will Support DirectX 12

Advanced Micro Devices, Inc. (NYSE:AMD) has announced support for Microsoft Corporation (NASDAQ:MSFT) and its graphics application programming interface, DirectX® 12. DirectX® 12 is MSFT’s new console-like version of the graphics API that has inspired PC gaming for nearly two decades.

DirectX is evolving the Microsoft (MSFT)’s Graphics Platform, AMD revealed that it will support DirectX® 12 on all Advanced Micro Devices, Inc. (NYSE:AMD)’s Radeon™ GPUs, which feature the Graphics Core Next architecture. In order to continue and to improve the experience for both end users and developers, Advanced Micro Devices, Inc. (NYSE:AMD) will support and collaborate with Microsoft® for the development of the generational advancement of the API.

Corporate vice president and general manager, Graphics Business Unit of AMD Matt Skynner said that, “AMD strongly believes in the benefits gamers and game developers can realize from lower-overhead API development,” “With the Mantle API, AMD has shown the world our commitment to incredible performance, and we look forward to enabling the same performance gains by supporting the industry-standard DirectX® 12.”

“AMD has always been an essential partner in the development of DirectX®,” said Anuj Gosalia, Development Manager, Windows Graphics, Microsoft®. “As we start the next chapter for our historic API, we look forward to continued great collaboration with AMD to bring gamers the best possible performance on AMD hardware.”

On last trading day Advanced Micro Devices, Inc. (NYSE:AMD) ended up 1.76% higher to close at $4.05 while trading in the range of $3.90 – $4.05. Its return on assets (ROA) is -2.00% while return on investment (ROI) is 3.50%. Advanced Micro Devices, Inc. (NYSE:AMD) monthly performance is 8.87%. AMD belongs to Technology sector with market capitalization of 3.08B and has 0.20% insider ownership. It is -12.90% away from its 52 week high. This Year Company’s Earnings per Share (EPS) growth is 93.10% and next year’s estimated EPS growth is 24.00%.