Shanna Fuld

About the Author Shanna Fuld

Shanna J. Fuld is a journalist specializing in the cannabis market. Fascinated by the industry's growth, she quickly started making contacts in the cannabis world internationally and loves writing about the nuances of the field. The former NY1er worked as a videographer, assignment editor and writer for the beloved local news channel before joining the TipRanks team.

Advanced Micro Devices (AMD) Releases New Chip With Gamers in Mind

Advanced Micro Devices (AMD) has a new baby – the Radeon RX 590 graphics card ups the game for … well gaming. The technology brings, as the company calls it “outstanding performance” to the latest AAA, eSports and Virtual Reality (VR) titles.

The new chip is powered by AMD “Polaris” architecture and is considered to have faster clock speeds for higher gaming performance than the previous 580 and according to the company, delivers up to 20% or higher performance per dollar and is loaded with new software features, which programmers say will deliver a better gaming experience.

“This new graphics card provides beautiful visuals, blistering frame rates, and the latest and greatest features for PC gamingCombined with AMD Radeon FreeSync™ technology4 for smooth, stutter-free gaming, game Day-0 launch performance updates and an ever-expanding Radeon™ Software feature set, the Radeon™ RX 590 graphics card provides an amazing experience for the legions of performance and hard-core gamers everywhere,” said Scott Herkelman, corporate vice president and general manager from Radeon Technologies Group at AMD.

Features for gamers include being able to capture, stream and share memorable moments using Radeon ReLive technology while monitoring performance and PC system info. Gamers can also socialize on the AMD Link App. The chip giant touts the technology that synchronized the monitor update rate to the game, eliminating tear and choppiness. Additionally, the chip offers 2x the brightness and color volume compared to sRGB.

Here’s the fun part – free stuff. AMD launched the ‘Raise the Game Fully Loaded’ bundle, which offers gamers the PC versions of sought-after games like Resident Evil 2, Devil May Cry 5 and Tom Clancy’s The Division 2 if the person purchases the graphics card or any of the other eligible Radeon products including the RX 590 powered PC.

The chip costs $279.

Analyst Ratings

And what about the stock? Wall Street considers AMD a Moderate Buy. Out of 25 analysts, 12 are bullish, 11 are sidelined and 2 are bearish. The consensus price target stands at $25.86, which shows a 22% upside from the current price per share. (See AMD’s price targets and analyst ratings on TipRanks)


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