CES 2019 benefited Advanced Micro Devices (NASDAQ:AMD) not only on the stock market but for public relations. The company announced Radeon VII. And while Nvidia’s (NASDAQ:NVDA) CEO foolishly ridiculed the merits of the GPU to hype its own RTX cards, the release is critical for AMD stock to hold $20 and to move up from there.
Radeon VII is built on a 7nm process. It has 3,840 stream processors, 16GB memory and 1 TB/S of memory bandwidth. At CES 2019, AMD demoed the GPU. In effect, the card will compete against Nvidia’s RTX @080. AMD claims it has 25% better performance and uses the same power as past models.
This card will retail for $699 and will be available in a month, on Feb. 7.
AMD announced a second-generation mobile processor. The desktop is now on the third-generation and is on 7nm. In the demo, AMD said the latest desktop Ryzen uses 30% less power than Intel’s (NASDAQ:INTC) i9-9900K.
AMD matched up EPYC "Rome" against a pair of Intel’s Xeon Platinum 8180 CPU. EYPC has a 15% performance edge over Intel’s offering.
Earnings Report
AMD’s Jan 29 earnings report will no doubt move the stock. GPU and Ryzen sales will continue to head higher, as consumers prefer companies offering better technology.
