Stock Update (NASDAQ:AMD): Advanced Micro Devices, Inc. Announces 16 Cutting-Edge High-Performance AM4 Motherboards and Showcases Ryzen PC Designs from 17 Global Integrators


Advanced Micro Devices, Inc. (NASDAQ:AMD) announced 16 cutting-edge high-performance AM4 motherboards from five manufacturers. In addition, AMD exhibited Ryzen processor-based “extreme performance” PC designs from 17 top system integrators across the globe as well as innovative third-party CPU cooler designs, demonstrating a ready and robust ecosystem for Ryzen CPUs. AMD also expects Ryzen-based designs from all top global PC OEMs, with more information on systems to be revealed at launch.

“2017 will be an unforgettable year for AMD, its technology partners and the PC industry as a whole, and we’re thrilled to kick off the year at CES by showing wide arrays of high-performance motherboard and PC designs from our OEM partners for whom the future is Ryzen,” said Jim Anderson, senior vice president and general manager, Computing and Graphics Group, AMD. “AMD and our partners are committed to supporting enthusiasts, gamers, and creators with a new generation of computing innovation and choice through AMD Ryzen processor-based motherboards, custom-built PCs, and coolers built to support these impressive systems.”

New Chipsets and Motherboards
AMD and its motherboard partners today debuted a wide array of new motherboards from ASRock, Asus, Biostar, Gigabyte, and MSI, all built upon two upcoming desktop chipsets for AMD Ryzen processors: the X370 and X300. Both chipsets take full advantage of innovative technology features including:

  • Dual-channel DDR4 memory
  • NVMe
  • M.2 SATA devices
  • USB 3.1 Gen 1 and Gen 2
  • PCIe 3.0 capability2

AM4 chipsets provide dedicated PCIe lanes for USB, graphics, data and other I/O, providing a powerful, scalable and reliable computing experience and bringing the benefit of future-ready technologies. Motherboards on display at CES 2017 include:

  • ASRock X370 Taichi, ASRock X370 Gaming K4, ASRock AB350 Gaming K4 & ASRock A320M Pro4
  • Asus B350M-C
  • Biostar X370GT7, Biostar X350GT5 & Biostar X350GT3
  • Gigabyte GA-AX370-Gaming K5, Gigabyte GA-AX370-Gaming 5, Gigabyte AB350-Gaming 3 & Gigabyte A320M-HD3
  • MSI A320M Pro-VD, MSI X370 Xpower Gaming Titanium, MSI B350 Tomahawk & MSI B350M Mortar

AMD Ryzen processor-based PCs
Exemplifying the goal of bringing innovation and competition back to desktop PCs, AMD and renowned custom-PC builders such as Cyberpower, Maingear and Origin, amongst others, presented an array of ‘dream PCs’ based on high-performance AMD Ryzen processors. From exotic, custom water-cooled systems to more refined, practical solutions, a myriad of PCs incorporating AMD Ryzen processors were on display at CES including:

  • Caseking
  • CSL – Computer
  • CyberPower PC
  • Cybertron PC
  • Icoda (Korea)
  • IBUYPOWER
  • iPason Wuhan
  • Komplett
  • LDLC
  • Maingear
  • Mayn Wuhan
  • Medion AG
  • Mindfactory
  • Oldi (Russia)
  • Origin PC
  • Overclockers UK
  • PC Specialist

New 3rd Party Thermal Solutions
AMD is working with 15 top cooler manufacturers and vendors to create an array of aftermarket CPU coolers for AM4 processors. For ultra-quiet air cooling, Noctua will offer both its NH-D15 and its slimmer counterpart the NH-U12S. In, addition, EKWB will offer AM4 support for its custom water cooling solutions.

AMD Ryzen processor-based PCs, AM4 motherboards, and compatible cooling solutions are expected to be available in Q1 2017. (Original Source)

Shares of Advanced Micro Devices are currently rising 0.70% to $11.51, or up $0.08 in pre-market trading Thursday. AMD has a 1-year high of $12.42 and a 1-year low of $1.75. The stock’s 50-day moving average is $10.05 and its 200-day moving average is $7.29.

On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report issued on December 20, Mizuho analyst Vijay Rakesh upgraded AMD to Buy, with a price target of $13, which represents a potential upside of 14% from where the stock is currently trading. Separately, on December 16, Jefferies Co.’s Mark Lipacis reiterated a Buy rating on the stock and has a price target of $13.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Vijay Rakesh and Mark Lipacis have a yearly average return of 28.3% and 28.8% respectively. Rakesh has a success rate of 74% and is ranked #29 out of 4351 analysts, while Lipacis has a success rate of 80% and is ranked #18.

Overall, 2 research analysts have rated the stock with a Sell rating, 5 research analysts have assigned a Hold rating and 9 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $10.54 which is -7.8% under where the stock closed yesterday.

Advanced Micro Devices, Inc. is a global semiconductor company that develops computer processors and related technologies for business and consumer markets. It design and integrate technology for intelligent devices, including personal computers, game consoles and cloud servers. The company operates through the following segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop, notebook processors, chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties.