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) Supercomputer to Hit the Market at the Turn of the Year

The world has a new Corona. And it’s not a yeasty brew. That’s the name of Advanced Micro Devices’ (AMD) newest high-performance computing system (HPC) that will use AMDEPYC processors and AMD Radeon Instinct to compute. It has 170 nodes and will be used for machine learning and data analysis techniques that aim to solve computing problems and data issues.

The device is made for workloads that are aided by higher frequencies, such as electronic design automation, high-frequency trading and HPC. The AMD EPYC 7371 gives way for 16 cores and 32 threads at a 3.1 GHz base frequency.

AMD’S senior vice president and chief technology officer of AMD, Mark Papermaster remarked on the company’s recent success: “It’s been a fantastic year in the supercomputing space as we further expanded the ecosystem for AMD EPYC processors while securing multiple wins that leverage the benefits AMD EPYC processors have on HPC workloads. As the HPC industry approaches exascale systems, we’re at the beginning of a new era of heterogenous compute that requires a combination of CPU, GPU and software that only AMD can deliver. We’re excited to have fantastic customers leading the charge with our Radeon Instinct accelerators, AMD EPYC processors and the ROCm open software platform,” Papermaster said.

AMD EPYC computers support a myriad of demands, whether it be machine learnings, computational fluid dynamics, simulation and crash analysis in aviation and automotive manufacturing or oil exploration. AMD EPYC processors have the memory bandwidth to back the programs, with core density and PCIe lane expandability that is necessary for high-performance workloads such as the ones mentioned.

The new computer has new customers too. The U.S. Department of Energy’s NERSC will be powered by AMD’s processors to support the Cray Shasta computer system along with The High-Performance Computing Center of the University of Stuttgart (HLRS,) which will use the next generation AMD EPYC processor, called Rome, to power what is expected to be the largest supercomputer in Europe.

You could say the company is so thrilled to have the new clients, that it has its head up in the clouds. It’s working with Microsoft Azure as well, as the cloud model launches a preview of its new HB instance for HPC this week. The University of Notre Dame Center for Research Computing, Oregon State University and the National Insitute for Nuclear Physics in Italy will also use AMD EPYC-based computer systems.

Programmers’ goal is for Corona is to deliver deep learnings, HPC, cloud computing and rendering applications. The computer comes out later this month and is expected to be at the disposal of only a select few people by December of this year. Partners and customers will be able to get their hands on the device in the first quarter of 2019.

Now to the world of stocks — what we do best. AMD is considered a Moderate Buy, according to TipRanks calculations. Out of 25 analysts offering a rating on the tech giant, 12 analysts rate the stock a Buy, while 11 are sidelined and two are bearish. The price target stands at $25.52, showing an upside of 30%. (See AMD’s price targets and analyst ratings on TipRanks)

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