SANTA CLARA, Calif. - Advanced Micro Devices, Inc. (NASDAQ:AMD), a global semiconductor company, has announced the release of its latest Ryzen™ PRO 8040 and Ryzen™ PRO 8000 series processors. These new products are designed to enhance the capabilities of commercial mobile and desktop AI PCs, aiming to deliver improved productivity and advanced AI and connectivity experiences for business users.
The Ryzen™ PRO 8040 series is touted as the most advanced x86 processor for business laptops and mobile workstations, offering up to eight high-performance cores and advanced 4nm technology. The series includes the flagship Ryzen™ 9 PRO 8945HS, which features eight cores, 16 threads, and Radeon™ 780M graphics, targeting demanding applications such as 3D rendering and video encoding.
AMD also introduced the Ryzen™ PRO 8000 series desktop processor, which they claim is the first AI-enabled desktop processor for business users. This series promises to deliver high performance with low power consumption and includes the Ryzen 8700G processor at the forefront, providing eight cores, 16 threads, and integrated Radeon 780M graphics.
Both series are equipped with dedicated on-chip neural processing units, offering up to 16 dedicated NPU TOPS and up to 39 total system TOPS, which AMD suggests will provide more dedicated AI processing power than previous generations.
The new Ryzen AI-powered processors are expected to transform user experiences in AI-enabled collaboration, content creation, and data analytics workloads. They will also feature enterprise-grade manageability features, built-in security for chip-to-cloud defense, and stability and reliability for enterprise software.
AMD's Ryzen PRO processors are expected to be available in business laptops and desktops from OEM partners such as HP (NYSE:HPQ) and Lenovo starting in the second quarter of 2024.
The announcement also highlighted the integration of AMD PRO technologies, which offer enterprise-grade manageability and security features. According to AMD, a study by Principled Technologies shows that IT managers can deploy AMD-powered laptops up to 41% faster than competitor laptops.
The company emphasized its commitment to expanding AI PC leadership and addressing the needs of modern businesses with its broad portfolio of AI technologies.
This release is based on a press release statement from AMD.
InvestingPro Insights
As Advanced Micro Devices, Inc. (AMD) continues to innovate with the release of its Ryzen™ PRO processors, the company's financial health remains a pivotal aspect for investors to consider. According to real-time data from InvestingPro, AMD's market capitalization stands robust at $259.1 billion, reflecting its significant presence in the semiconductor industry. With a high P/E ratio of 303.08 for the last twelve months as of Q4 2023, the company is trading at a premium, possibly due to investor confidence in its growth potential and market position.
InvestingPro Tips highlight AMD's expected net income growth this year, underscoring the company's potential for profitability amidst its latest product launches. Furthermore, with AMD positioned as a prominent player in the Semiconductors & Semiconductor Equipment industry, the new Ryzen™ PRO series could further solidify its market standing. Notably, AMD's stock has experienced a large price uptick over the last six months, boasting a 59.59% return, which may interest investors looking for dynamic growth opportunities.
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