A Glimpse Into Advanced Micro Devices’ (AMD) Second Generation Ryzen Desktop Processors

We’ve seen a long slow trickle of information about Advanced Micro Devices’ (NASDAQ:AMD) Ryzen processors spill out over the last several months, and with a mudslide of mostly-false leaks, it’s fair to say the excitement has reached a fever pitch.

Today, one year after the first release of the award-winning AMD Ryzen processors, the chip giant announced pre-orders begin today worldwide for the eagerly anticipated 2nd generation AMD Ryzen desktop processors, with disruptive levels of compute performance at each of four price points. Delivering high-performance computing and innovative new features, 2nd gen Ryzen desktop processors are built to create faster and smoother computing experiences for PC gamers, creators, and hardware enthusiasts.

“Second generation Ryzen desktop processors take everything that made the original Ryzen so groundbreaking and makes it better – great performance combined with advanced technology to deliver an amazing experience for the most demanding users,” said Jim Anderson, senior vice president and general manager, Computing and Graphics Group, AMD.

2nd Generation AMD Ryzen Desktop Processors Lineup

This 2nd gen Ryzen desktop processor lineup includes two 8-core, 16-thread models and two 6-core, 12-thread models, all offering major upgrades and advanced AMD SenseMI technology

For the first time, the entire line of 2nd gen Ryzen desktop processors include a world class AMD Wraith cooler inside the retail box. The AMD Ryzen 7 2700X CPU PIB includes the new Wraith Prism cooler, which offers improved thermal performance over the Wraith Max, a more compatible fan profile, and enhanced lighting capabilities with per-RGB controls.

All 2nd gen AMD Ryzen desktop processors are supported by the new AMD X470 chipset, the most advanced, optimized, and efficient chipset to-date for socket AM4. This chipset comes with a free download of the new AMD StoreMI storage acceleration technology to combine the speed of an SSD with the capacity of a hard drive into a single, fast, easy-to-manage drive.
Motherboards with the AMD X470 chipset will launch alongside the 2nd gen Ryzen desktop processors, with designs available from top manufacturers including ASRock, ASUS, Gigabyte, and MSI. Compatible with all current AM4 processors, the new X470 motherboards augment the existing 300-series motherboards, which are also compatible with the new 2nd gen Ryzen processors after a simple firmware (BIOS) update is installed. Many motherboards in market are already coming with the updated BIOS, indicated by a “Ryzen Desktop 2000 Ready” label on the package.

Shares of AMD are up nearly 1% to $10.16 in pre-market trading Friday. AMD has a 1-year high of $15.65 and a 1-year low of $9.04. The stock’s 50-day moving average is $11.01 and its 200-day moving average is $11.67.

On the ratings front, AMD stock has been the subject of a number of recent research reports. In a report issued on April 11, Goldman Sachs analyst Toshiya Hari reiterated a Sell rating on AMD, with a price target of $9.50, which reflects a potential downside of 6% from last closing price. Separately, on April 8, BMO’s Ambrish Srivastava reiterated a Hold rating on the stock and has a price target of $12.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Toshiya Hari and Ambrish Srivastava have a yearly average return of 35.8% and 13.0% respectively. Hari has a success rate of 78% and is ranked #236 out of 4771 analysts, while Srivastava has a success rate of 74% and is ranked #458.

Net net, sentiment on the street is mostly bullish on AMD stock. Out of 16 analysts who cover the stock, 9 suggest a Buy rating, 4 suggest a Hold and 3 recommend to Sell the stock. The 12-month average price target assigned to the stock is $14.88, which represents a potential upside of 48% from where the stock is currently trading.


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