Advanced Micro Devices Inc Stock Price, News & Analysis

AMD has achieved significant milestones with its EPYC processors, now powering four of the TOP500 supercomputers, including the seventh fastest globally, Selene. Institutions like CERN, Indiana University, and Purdue University have adopted AMD technology for advanced research. This highlights AMD's growing influence in high-performance computing, particularly as it prepares for the deployment of exascale systems. The technology reinforces AMD's position in the cloud computing market, with partnerships across major players like Amazon and Google.

AMD has launched the Radeon Pro 5600M mobile GPU for the 16-inch MacBook Pro. This GPU, built on advanced 7nm process technology and RDNA architecture, offers exceptional performance for demanding tasks like video editing and game creation. Featuring 40 compute units and 8GB of HBM2 memory, it delivers up to 5.3 TFLOPS of performance, making it a powerful tool for professionals on the go. The new GPU enhances the existing lineup, providing users with more options for high-performance graphics.

AMD has launched its 2nd Gen EPYC processors for Amazon EC2 C5a instances, available in the AWS U.S. East, U.S. West, Europe, and Asia Pacific regions. These processors operate at frequencies up to 3.3GHz and support up to 96 virtual CPUs. The C5a instances promise leadership x86 price-performance for compute-intensive workloads, such as batch processing and web applications. This move enhances AMD's collaboration with AWS, providing customers with options that optimize performance and cost.

AMD has donated high-performance computing systems to NYU, MIT, and Rice University, contributing over seven petaflops of compute power to enhance COVID-19 research. This initiative includes a cloud-based system powered by AMD EPYC and AMD Radeon Instinct processors, allowing global researchers to access remote computing capabilities. These universities aim to utilize the donated systems for various pandemic-related research areas, including genomics and vaccine development. AMD's HPC Fund, with contributions from partners like Penguin Computing, supports accelerated medical research.

AMD (NASDAQ: AMD) will present at the Bank of America Securities Global Technology Conference on June 2, 2020, at 4:00 PM ET. Devinder Kumar, the company's CFO, will lead the presentation.

A live audio webcast will be available on AMD’s Investor Relations website, with a replay accessible four hours post-event for one year. For over 50 years, AMD has been a leader in high-performance computing, graphics, and visualization technologies used globally by consumers, businesses, and researchers.

AMD will have its CEO, Dr. Lisa Su, present at Bernstein’s 36th annual Strategic Decisions Conference on May 28, 2020, at 9:00am ET. This live event will be accessible via a real-time video webcast on AMD’s Investor Relations website. A replay will be available approximately four hours post-presentation for 30 days. For over 50 years, AMD has been pivotal in high-performance computing and visualization technologies, helping millions enhance their daily lives through advanced products.

AMD has launched the Radeon Pro VII, a workstation graphics card designed for broadcast and engineering professionals, featuring up to 26% higher performance in 8K processing compared to competitors. It includes 16GB of HBM2 memory, supports high-bandwidth PCIe 4.0, and introduces Infinity Fabric Link technology for improved GPU communication. The card is expected to retail at $1899 USD from mid-June 2020. Additionally, the Radeon Pro Software for Enterprise is updated to enhance performance across current-generation AMD cards.

AMD has launched the Ryzen PRO 4000 Series Mobile Processors, the world's first x86 7nm commercial notebook processors, designed for ultrathin business notebooks. These processors, featuring up to 8 cores and 16 threads, offer significant improvements in multi-threaded performance and energy efficiency, delivering up to 37% better performance in Microsoft Office applications compared to prior generations. With robust security features and enterprise-ready capabilities, these processors are optimized for remote work and are expected to be utilized in devices from HP and Lenovo by mid-2020.