Advanced Micro Devices Shares Jump After New Graphics Card Release

Published on: 14 Aug, 2017

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares jumped more than 4% after the semiconductor company announced Monday that its Radeon™ RX Vega graphics cards are now available at e-tail outlets around the world.

According to the AMD’s official announcement the, “Radeon RX Vega graphics cards are the most advanced consumer graphics cards in the world” The graphic cards are built on the ‘Vega’ GPU architecture. Previously reserved for high-end graphics products, Radeon RX Vega graphics cards employ pioneering graphics technology in High Bandwidth Cache composed of 8GB of leading-edge HBM2 memory. Architected for a better enthusiast-class gaming experience, Radeon RX Vega graphics cards feature bleeding-edge capabilities like Rapid Packed Math, the High Bandwidth Cache Controller and new Geometry and Pixel Engines to better harness low-level APIs and excel in DirectX® 12 and Vulkan® games.”

Earlier on August 10th, AMD also announced that it has released two models of its highly anticipated, Ryzen™ Threadripper™ high-end desktop processors, AMD Ryzen™ Threadripper ™1950X and AMD Ryzen™ Threadripper™ 1920X.

“The level of global support and excitement built-up around AMD Ryzen processors has been incredible to watch these last few months, and with today’s Ryzen Threadripper launch, we deliver a new level of computing power to the world’s fastest ultra-premium desktop systems via an entirely new platform and set of multi-core processors,” said Jim Anderson, senior vice president and general manager, Computing and Graphics Group, AMD. “Ryzen Threadripper is the jolt of innovation that the high-end desktop customer was waiting for, providing the long-awaited ability to choose a processor that best fulfills their computing needs at a competitive price.”

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Marco Zhou

Email: Marco@financialinsiders.com

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