Advanced Micro Devices, Inc. (NASDAQ:AMD) unleashed the first product based on its highly anticipated “Vega” graphics processing unit (GPU) architecture: Radeon Vega Frontier Edition. Radeon Vega Frontier Edition is the world’s first graphics card designed to empower the next generation of data scientists, game designers and visualization professionals, with up to 172 percent faster rendering performance than the comparable competitor card. Through its disruptive High Bandwidth Cache Controller, the cornerstone of the world’s most advanced GPU memory architecture – HBM2 – Radeon Vega Frontier Edition expands the capacity of traditional GPU memory to 256TB, allowing users to tackle massive datasets with ease, and scored up to 33 percent faster than the competition in the DeepBench benchmark that measures the performance of basic operations involved in training deep neural networks.

“We’re dedicating Radeon Vega Frontier Edition to all the visionaries and trailblazers who embrace new technologies to propel their industries forward to help solve mankind’s greatest problems,” said Ogi Brkic, senior director and general manager, Radeon Pro business, Radeon Technologies Group, AMD. “With this powerful solution, we’ve brought the full weight of our new ‘Vega’ GPU architecture to bear, offering unmatched performance in the most demanding design, rendering, and machine intelligence workloads so that the world’s top creators, data scientists and game developers can reach new frontiers in their fields.”

Radeon Vega Frontier Edition Board Design

“AMD did a stunning job on the industrial design of the Radeon Vega Frontier Edition. The blue-anodized brushed aluminum shroud and lit Radeon inlays are downright elegant,” said Kelt Reeves, president of Falcon Northwest. “The high-airflow I/O bracket and vented anodized backplate are a beautifully executed example of how form can follow function and still make for a beautiful product.”

Unmatched2 Performance and TCO in Machine Learning Applications

Together with AMD’s open-source, fully scalable ROCm software platform, Radeon Vega Frontier Edition paves the way for pioneers to continue pushing boundaries in fields like artificial intelligence (AI). Developers can now use the power of the “Vega” architecture for machine learning algorithm development on the Radeon Vega Frontier Edition faster than with any other GPU on the market2, before deploying it out to massive servers equipped with Radeon Instinct accelerators. This powerful new solution also delivers a disruptive performance per dollar equation, solidifying AMD’s leadership in compute total cost of ownership (TCO).

Advanced Photorealistic Rendering Performance

Radeon Vega Frontier Edition delivers the horsepower required for design and manufacturing firms to drive increasingly large and complex models and to deploy real-time visualization and physically-based rendering. The Radeon Vega Frontier Edition’s revolutionary memory engine also allows professionals to achieve photorealistic detail in computer-generated imagery. A visualization powerhouse, the Radeon Vega Frontier Edition GPU offers exceptional multi-GPU scaling, with 91 percent faster rendering using two Radeon Vega Frontier Edition GPUs.

Accelerating Game Design and Immersive Workflows

The Radeon Vega Frontier Edition graphics card simplifies and accelerates game creation by providing a single GPU that is optimized for every stage of a game developer’s workflow. This includes everything from asset production to playtesting and performance optimization.  With the Radeon Pro Settings user interface, users can seamlessly switch between “Radeon Pro Mode” and “Gaming Mode” to alternate between development on animation applications like Autodesk® Maya and performance optimizations with free, open source tools available through AMD’s GPUOpen initiative.

The compute power in Radeon Vega Frontier Edition and its support for an open software ecosystem also give a new breed of developers and filmmakers the ability to break new ground in virtual reality (VR) and 360-degree video content. AMD’s fastest Radeon VR Ready Creator graphics card ever, Radeon Vega Frontier Edition achieves the maximum possible score in the SteamVR benchmark, up to 21 percent higher than the multi-GPU Radeon™ Pro Duo solution. Combined with Radeon™ Loom, AMD’s revolutionary 360-degree video stitching technology, creators can stitch high-resolution video in real time.

Radeon Vega Frontier Edition Availability

Radeon Vega Frontier Edition graphics cards are available from etailers in select regions today with an SEP of $999 USD for the air-cooled edition. The water-cooled edition is expected to launch in Q3 with an SEP of $1499.

Stock Price and Ratings

Shares of AMD are currently trading at $14.00, down $0.08 or -0.59%. AMD has a 1-year high of $15.55 and a 1-year low of $4.82. The stock’s 50-day moving average is $11.75 and its 200-day moving average is $12.30.

On the ratings front, AMD has been the subject of a number of recent research reports. In a report released yesterday, MKM Partners analyst Ruben Roy reiterated a Hold rating on AMD, with a price target of $13, which implies a downside of 8% from current levels. In addition, Goldman Sachs’ Toshiya Hari reiterated a Sell rating on the stock yesterday, with a price target of $10.60.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Ruben Roy and Toshiya Hari have a yearly average return of 10.5% and 21.7% respectively. Roy has a success rate of 62% and is ranked #609 out of 4596 analysts, while Hari has a success rate of 67% and is ranked #594.

Overall, 3 research analysts have rated the stock with a Sell rating, 10 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 $13.11 which is -6.9% 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. 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.