Advanced Micro Devices, Inc. (NASDAQ:AMD) Alleging Chips Have Widespread, Fundamental Vulnerabilities Greatly Exaggerated Severity of Threat

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Advanced Micro Devices, Inc. (NASDAQ:AMD) attempts to attain leading position in street, Shares price changes as it 1.35% to close at $11.26 with the total traded volume of 44.63 Million shares. Advanced Micro Devices Inc., (AMD) main competitor in computer microprocessors Intel Corp. (INTC), declared a report earlier this month alleging that its chips have widespread, fundamental vulnerabilities greatly exaggerated the severity of the threat.

There are 13 potential exploits that will be fixed within weeks through software updates, the chipmaker said Tuesday in a statement. There’s no evidence that of any of those holes has been used for malevolent purposes, and it would be extremely difficult to use any of them to attack computers, the Sunnyvale, California-based company said. AMD saw reports of unusual trading activity in its stock about a week ago when an Israeli company called CTS Labs went public with a report on the flaws and has reported it to the relevant authorities.

The chip industry was stung at the beginning of the year when Alphabet Inc.’s Google revealed that a flaw in all modern microprocessors may allow hackers to steal data such as passwords or encryption keys previously thought to be secure. AMD argued at the time that its chips were less at risk than those from Intel, which dominates the market for computer microprocessors. The firm has institutional ownership of 71.80%, while insider ownership included 0.50%. Its price to sales ratio ended at 2.05. AMD attains analyst recommendation of 2.70 with week’s performance of -0.88%.

Comcast Corporation (NASDAQ:CMCSA) try to make new thrust in street and making different trends, stocks trading ended with -0.23% to $34.49. Comcast NBCUniversal released that it has awarded around $20,000 in scholarships for the 2018 – 2019 school year to twelve Vermont students as part of its annual Leaders and Achievers® Scholarship Program. The program, funded by the Comcast Foundation, recognizes the best and brightest high school seniors for their community service, academic performance and leadership skills.

The VP of Government, Regulatory and Community Affairs for Comcast’s Western New England Region, which includes Vermont, Dan Glanville said, “Our Leaders and Achievers Scholarship winners exemplify leadership and are committed to academic excellence and community service. “We are honored to recognize their achievements, and excited to support them as they continue their educational journeys.”

Comcast, joined by Governor Phil Scott and a number of local officials, recognized the students at a special event held at the Vermont State House . The twelve recipients each received $1,000 scholarships. One student, Mika Holtz, a resident of South Burlington and student at South Burlington High School, was selected to receive an additional $9,000Comcast Founders Scholarship – instituted in honor of Ralph J. Roberts, Founder and Chairman Emeritus of Comcast Corporation. In total, Comcast awarded $21,000 worth of scholarships in Vermont this year.

The Comcast Leaders and Achievers Scholarship Program provides scholarships to students who strive to achieve their full potential, who are catalysts for positive change in their communities, who are involved in their schools, and who serve as models for their fellow students. The philosophy behind the program is to give young people every opportunity to prepare for the future and to engage them in their communities. The program also demonstrates the importance of civic involvement, and the value placed on civic involvement by the business community. The share price of CMCSA attracts active investors, as stock price of week volatility recorded 2.22%. The stock is going forward to its 52-week low with -0.17% and lagging behind from its 52-week high price with -21.61%.

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