Advanced Micro Devices, Inc. (AMD) Unveiled Radeon Pro 500 Series for iMac


Advanced Micro Devices, Inc. (NASDAQ:AMD) unveiled the high-performance, power-efficient Radeon™ Pro 500 series graphics, fueling beyond-UHD creativity in All-In-One computing. Available in the updated 21.5- and 27-inch iMac, Radeon Pro 500 series graphics enable extraordinary computing experiences, including stunning gaming, immersive VR on select models*, and fluid content creation with exceptional performance and support for GPU acceleration across a range of creative applications on the Mac platform, such as Adobe Premiere® Pro, After Effects, and Photoshop® and the Foundry Nuke, Mari and Modo. Moreover, Radeon Pro 500 series provides accelerated performance for the Radeon™ ProRender photorealistic ray-tracing rendering technology which is enabled for Autodesk® Maya®, and Maxon’s Cinema 4D.

Radeon Pro 500 series graphics harness up to 5.5 TFLOPS of performance, unleashing the creativity of artists, designers, photographers, filmmakers, visualizers and engineers, and aspiring creative types across high-resolution canvases in the most popular creative applications, powering through the most demanding games, and bringing fantastic worlds to life in VR. The Radeon Pro 500 series makes use of the critically-acclaimed “Polaris” GPU architecture, delivering the perfect balance of performance and operating efficiency that makes them ideal for All-In-Ones.

“It is incredibly satisfying to see the capabilities of Radeon Pro 500 series in elegant form factors and enabling amazing content creation, gaming and VR experiences,” said Raja Koduri, senior vice president and chief architect, Radeon Technologies Group, AMD. “Radeon Pro 500 Series graphics are enabling new generations of makers with compute-accelerated creative tools and new APIs, bringing their imaginations to life in ways like never before.”

Shares of Advanced Micro Devices closed today at $11.24, up $0.34 or 3.12%. AMD has a 1-year high of $15.55 and a 1-year low of $4.17. The stock’s 50-day moving average is $11.66 and its 200-day moving average is $11.90.

Overall, 3 research analysts have rated the stock with a Sell rating, 9 research analysts have assigned a Hold rating and 6 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 $11.70, an 8% above where the stock opened today.

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. It 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.