In the past few years, Intel’s processors has been more popular than AMD’s processors. Advanced Micro Devices, Inc. (NASDAQ:AMD) is looking forward to change that with its newest processor, Ryzen.
Those who owned Advanced Micro Devices, Inc. (AMD) have made the biggest profits in the technology sector. The little chip company went from $2 per share in February to as much as $10.90 per share in December 19th. That’s almost 450% within a year!
AMD’s preliminary benchmarks indicate that Ryzen’s CPUs are significantly better in performance than Intel’s 5th generation chips. So with this new Ryzen chip, AMD stock may continue to rise.
The 8-Core, 16-Thread, and 3.4 clock speed of the Zen core Architecture has attracted positive responses from consumers after the presentation that took place at the New Horizon event last week. Provided that, there should be a massive shift from Intel to AMD.
Ryzen is set to release on March 2017 with a price range around $800.
Even with a price tag around $800, the new chip is still faster and cheaper than Intel’s chips. Many Financial analysts took a look at the new chip and have been upgrading the stock to “Buy.” AMD’s revenue has grown remarkably. In the first quarter, the revenue was $832 million meanwhile, the third quarter was $1.3 billion, which also justifies the upgrades.