AMD Stock Surged

AMD stock rose 9.8% on Tuesday, to close at $29.03 per share.

Advanced Micro Devices stock has more upside because of its new line of chips, according to Wall Street analysts.

AMD stock (ticker: AMD) has risen more than 40% so far this year as investors have grown optimistic about the company’s product pipeline for 2019.

See Also:  Beginner's Electronics: Resistor Color Codes Chart

AMD announced its new “Zen 2” family of desktop processors, which will be available for sale on July 7.

The chips are estimated to outperform AMD’s previous generation by up to 15% in terms of IPC (Instructions Per-Clock).

AMD also confirmed its Rome server chips will be released in the third quarter.

Source: Barron’s

Leave a Reply

Your email address will not be published. Required fields are marked *

Human Verification: In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Next Post

Ryzen 3000 - The New King is Here

Sun Jul 7 , 2019
For the first time in over a decade, AMD essentially on top of the consumer CPU race. Much like in the Athlon 64 days. Enthusiasts rejoice, AMD has done it with Zen 2, delivering on all fronts, IPC, power efficiency (with 7nm), better clocks and new chipset features. This is […]
amd ryzen  series