Advanced Micro Devices, Inc. (NASDAQ:AMD) launched all four models of its new high-performance AMD Ryzen 5 desktop processor, following the global release of award-winning AMD Ryzen 7 desktop processors in March.
AMD Ryzen 5 processors deliver immersive experiences and high performance innovation to gamers and creators worldwide, with up to 87% more performance when comparing the AMD Ryzen 5 1600X to the Intel flagship Core i5 model, the 7600K1. Featuring outstanding multitasking capabilities, AMD SenseMI Technology, and the powerful and efficient new “Zen” core architecture, AMD Ryzen 5 desktop processors adapt to individual needs with incredible responsiveness and performance.
“AMD Ryzen is a proven game-changer, ultimately bringing innovation and competition back across PC market segments, and we are excited to introduce the next tier of AMD Ryzen processors to the market today,” said Jim Anderson, senior vice president and general manager, Computing and Graphics Group, AMD. “AMD Ryzen 5 revitalizes the mid-section of the desktop market, offering consumers excellent pricing while providing a smooth and impressive overall experience, whether for high-performance gaming or demanding applications.”
Starting today there are two 6-core and two 4-core AMD Ryzen 5 models available, all featuring AMD simultaneous multithreading (SMT) technology. All AMD Ryzen processors support the new AM4 infrastructure, with motherboard designs already broadly available from top motherboard manufacturers.
AMD Ryzen 5 1500X and 1400 are designed for performance gaming and processing featuring 4 processor cores with 8 threads for high performance gaming and processing, with AMD SenseMI Technology to analyze and adapt to customer needs. To deliver the best gaming experience possible, the 1500X features up to 200MHz of XFR (extended frequency range) when used with superior cooling — among the largest extended frequency ranges seen on an AMD Ryzen processor to date.
The Right Processor for Streamers
In the last five years, eSports has grown to be a global phenomenon on track to reach $1 billion in revenue by 2019. In turn, eSports has made broadcasting game footage a major trend, and with certain games being extremely CPU-intensive, simultaneous gaming and streaming is acknowledged to require a multi-threaded CPU design. For this rapidly growing audience of gamers, the AMD Ryzen 5 1600X processor, with 6 cores and 12 threads offers a highly accessible solution for high-quality 1080p/60 FPS/3500Kbps game streaming.
AMD Ryzen 5 Processor and Platform Availability
Availability for all four AMD Ryzen 5 models begins today at etailers around the world. All AMD Ryzen processors support the new AM4 infrastructure, with motherboard designs being produced from top ODMs. Announced at CES 2017, AMD and its motherboard partners already debuted a wide array of new motherboards from ASRock, Asus, Biostar, Gigabyte, and MSI, all built upon the following desktop chipsets for AMD Ryzen processors — the X370, B350 and the A320. With the release of AMD Ryzen 5 processors, AMD motherboard partners are also highlighting the A320 chipset-based motherboards, specifically addressing the needs of mainstream PC gaming customers looking for a feature-rich, robust and affordable platform for gaming PCs, priced ranging from approximately $50USD SEP.
Shares of AMD are currently trading at $12.95, down $0.15 or -1.15% in early trading Tuesday. AMD has a 1-year high of $15.55 and a 1-year low of $2.60. The stock’s 50-day moving average is $13.91 and its 200-day moving average is $10.49.
On the ratings front, AMD has been the subject of a number of recent research reports. In a report issued on April 6, Canaccord analyst Matt Ramsay reiterated a Buy rating on AMD, with a price target of $17, which implies an upside of 30% from current levels. Separately, on the same day, Goldman Sachs’ Toshiya Hari initiated coverage with a Sell rating on the stock and has a price target of $11.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Matt Ramsay and Toshiya Hari have a yearly average return of 20.7% and 12.9% respectively. Ramsay has a success rate of 66% and is ranked #62 out of 4560 analysts, while Hari has a success rate of 63% and is ranked #1075.
Overall, 2 research analysts have rated the stock with a Sell rating, 9 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 $12.47 which is -5% 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.