SANTA CLARA, Calif. - Advanced Micro Devices, Inc. (NASDAQ:AMD), a global leader in high-performance computing, announced today the launch of its EPYC 4004 Series processors, designed to enhance server capabilities for small and medium-sized businesses as well as hosted IT service providers. The new processors are touted to offer enterprise-level performance and security at a more accessible price point.
The EPYC 4004 Series, built on the Zen 4 architecture, aims to offer a balance between cost and performance. AMD claims that a server equipped with a single EPYC 4564P CPU can deliver up to 1.8 times the performance per CPU dollar when compared to an Intel (NASDAQ:INTC) Xeon E-2488 CPU.
John Morris, corporate vice president at AMD, emphasized that the EPYC 4004 Series processors are based on the same technology that powers the world's most demanding data centers, now optimized for businesses with tighter budgets.
The processors are engineered to support general-purpose computing in a single-socket package, which is particularly beneficial for businesses with system cost and infrastructure constraints. They are suitable for rack scale, multi-node, and tower configurations.
Several leading server providers have expressed enthusiasm for the new AMD offerings. Lenovo, OVHcloud, and Supermicro are among the companies that have acknowledged the potential of the EPYC 4004 CPUs to meet various market needs and provide flexibility, performance, and efficiency in data center solutions.
The AMD EPYC 4004 Series includes multiple models with varying core counts, cache sizes, and thermal design power (TDP) specifications, with prices starting as low as $149 for the EPYC 4124P model. These processors are supported by a range of partners, including Altos, ASRock Rack, Gigabyte, Lenovo, MSI, New Egg, OVHcloud, Supermicro, and Tyan.
This launch marks AMD's continued commitment to providing high-performance computing solutions that cater to a diverse range of business needs. The company has been at the forefront of driving innovation in the computing industry for over five decades.
The information provided is based on a press release statement from AMD.
InvestingPro Insights
In light of Advanced Micro Devices, Inc. (NASDAQ:AMD)'s recent announcement of the EPYC 4004 Series processors, the company's financial metrics and market performance offer additional context to its growth trajectory and market position. According to real-time data from InvestingPro, AMD boasts a substantial market capitalization of $268.84 billion, highlighting its significant presence in the semiconductor industry.
The company's Price-to-Earnings (P/E) ratio stands at a high 240.81, suggesting that investors have high expectations for AMD's future earnings and are willing to pay a premium for its stock. This is supported by an InvestingPro Tip that notes AMD's net income is expected to grow this year, underscoring the optimism surrounding the company's profitability amid its product launches and industry leadership.
Moreover, AMD has demonstrated a strong return over the last week with a 1 Week Price Total Return of 8.6%, an indication of positive investor sentiment following the announcement of the new EPYC processors. This performance aligns with another InvestingPro Tip pointing out AMD's significant return over the last year, with a 57.18% 1 Year Price Total Return, reflecting its robust market performance and investor confidence.
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