Advanced Micro Devices, Inc. (NASDAQ:AMD) announced the availability of the Radeon™ Pro WX Series of graphics cards, the company’s powerful, new workstation graphics solutions designed to meet the evolving needs of creative professionals. The Radeon™ Pro WX Series professional graphics cards are designed around a number of transformational inflection points that are dramatically changing the way content is created, including the rise of real-time game engines in professional settings, the emergence of virtual reality, the popularity of new low-overhead APIs (such as DirectX® 12 and Vulkan™), and the rise of open-source tools and applications. The Radeon Pro WX Series represents a revolutionary approach for professionals rooted in a commitment to open, non-proprietary software and high performing, feature-rich hardware that empowers people to truly create “the art of the impossible.”
The Radeon Pro WX Series professional graphics cards harness acclaimed Polaris architecture-based GPUs featuring 4th generation Graphics Core Next (GCN) technology and engineered on the 14nm FinFET process. The cards have future-proof1 monitor support, able to run a 5K HDR display via DisplayPort 1.4,2 include state-of-the-art multimedia IP with support for HEVC encoding and decoding3 and TrueAudio Next for VR, and boast cool and quiet operation with an emphasis on energy efficiency. The Radeon Pro WX cards are designed and built by AMD with a consistent bill of materials and quality components. As a testament to AMD’s commitment to high quality products, each retail Radeon™ Pro WX graphics card comes with 24/7, VIP customer support, a 3-year limited warranty4 and now features a free optional 7-year extended limited warranty upon product and customer registration.5
“Radeon™ Pro represents a powerful shift towards a holistic approach to design and content creation, giving our customers full creative autonomy, the opportunity to realize gains across the entire ecosystem, and the ability to create free of constraint from proprietary tools,” said Ogi Brkic, general manager, professional graphics,Radeon Technologies Group, AMD. “Our line of professional workstation graphics hardware, the Radeon™ Pro WX Series, is designed to empower the next-generation of exceptional content, intersecting new industry inflection points and enabling creators of all kinds to deliver the art of the impossible.”
Radeon™ Pro WX 4100 graphics card – The world’s fastest low-profile workstation graphics GPU
Available November 10 at US$399 MSRP, the Radeon™ Pro WX 4100 graphics cards delivers the exceptional performance CAD professionals are looking for in a sleek and quiet small form factor. The Radeon™ Pro WX 4100 graphics card is the first low-profile workstation graphics card to break the 2 TFLOPS single precision compute performance barrier, over 2.4X the performance of competing cards in its class while consuming nearly identical amounts of power.7 With 4GB of GDDR5 memory and 16 compute units (1024 stream processors), users can drive four 4K monitors or a single 5K monitor at 60 Hz, a feature which competing low-profile CAD focused cards in its class can’t touch.
Radeon™ Pro WX 5100 graphics card – The fastest 75W TDP workstation GPU, ready for the game engine revolution
Available November 18th at US$499 MSRP, the Radeon™ Pro WX 5100 graphics card is the fastest workstation card in its class, delivering up to a groundbreaking 3.9 TFLOPS of single precision compute performance while using just 75 watts of power. As game engines have become more commonplace in today’s immersive computing era, integrating themselves alongside traditional design applications and proprietary renderers, professionals are demanding more powerful solutions. The Radeon™ Pro WX 5100 graphics card delivers the necessary performance in spades, with 8GB of GDDR5 memory and 28 compute units (1792 stream processors) for 41 percent faster performance in Siemens PLM Software NX™ than competing cards in its class9, and exceptional high-fidelity, high-resolution real-time visualization for key industries such as automotive and architecture.
Radeon™ Pro WX 7100 graphics card – The world’s fastest single-slot workstation GPU, ready for VR
Available November 10th at US$799 MSRP, the Radeon™ Pro WX 7100 graphics card delivers 5.7 TFLOPS of single precision floating point performance in a single slot, and is designed to meet the needs of professional VR content creators. Equipped with 8GB GDDR5 memory and 36 compute units (2304 Stream Processors) the Radeon Pro WX 7100 is a powerful graphics solution for high-quality visualization workloads, boasting up to 45 percent more performance than competing cards in its class in Dassault Systèmes SOLIDWORKS™ 2015.11 As VR usage continues to grow in design, manufacturing, media and entertainment workflows, the Radeon Pro WX 7100 delivers the performance needed to drive user experiences to new levels of immersion.
Radeon Pro Software Enterprise Driver and Open Source Software Support
To ensure the best possible experience with the Radeon™ Pro WX Series graphics cards, AMD recently introduced Radeon Pro Software Enterprise Drivers, specifically designed to combine the power of AMD’s next-generation graphics with the highly tailored needs of professional enterprise users. Building on AMD’s rapid iteration in the software space since last year’s release of Radeon Software Crimson Edition for consumer products, professional users will benefit from rock-solid stability, exceptional performance and enhanced productivity features. Radeon Pro Software Enterprise drivers deliver predictable software release dates, with updates issued on the fourth Thursday of each calendar quarter, and feature prioritized support with AMD working with customers, ISVs, and OEMs to provide top-of-the-queue engineering work. The drivers are certified in numerous workstation applications covering the leading professional use cases.
AMD is also committed to furthering open source software for professional content creators. Following news that later this year AMD plans to open source its powerful physically-based rendering engine, Radeon ProRender, the company recently announced that a future release of Maxon’s Cinema 4D application for 3D modeling, animation and rendering will support Radeon ProRender. Radeon ProRender plugins are available today for many popular 3D content creation applications, including Autodesk® 3ds Max® and Maya®, and as beta plugins for Dassault Systèmes SolidWorks and Rhino®. Radeon ProRender works across Windows®, macOS and Linux®, and supports AMD GPUs, CPUs and APUs as well as those of other vendors. (Original Source)
Shares of Advanced Micro Devices closed last Friday at $6.56, down $0.14 or -2.09%. AMD has a 1-year high of $8.00 and a 1-year low of $1.75. The stock’s 50-day moving average is $6.62 and its 200-day moving average is $5.56.
On the ratings front, AMD stock has been the subject of a number of recent research reports. In a report issued on October 21, Mizuho analyst Vijay Rakesh reiterated a Hold rating on AMD, with a price target of $7.00, which represents a potential upside of 7% from where the stock is currently trading. Separately, on the same day, Jefferies’ Mark Lipacis reiterated a Buy rating on the stock and has a price target of $9.00.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Vijay Rakesh and Mark Lipacis have a yearly average return of 23.2% and 20.3% respectively. Rakesh has a success rate of 65% and is ranked #18 out of 4162 analysts, while Lipacis has a success rate of 73% and is ranked #7.
Overall, 2 research analysts have rated the stock with a Sell rating, 9 research analysts have assigned a Hold rating and 5 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 $6.88 which is 4.9% above where the stock closed last Friday.
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. The company 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.