AMD stocks reach an all-time high for the year 2016 after the new "Zen" processor demonstration last August 18, 2016.
Advanced Micro Devices, Inc. (AMD) stocks reach an all-time high for the year 2016 and for the past three years after the new “Zen” processor demonstration last August 18, 2016. AMD was a big mover as its shares increased more than 8.2% last August 22nd. Stocks opened at $7.66 on the 23rd. The last time AMD’s stocks were on this range was way back in Q2 of 2012, which was around the time AMD released the Radeon HD 7970 graphics card. AMD barely recovers after the release of the Piledriver-based desktop processors and had a rough time until this Q3 2016. The release of the Polaris architecture based RX 400 series plus the successful demonstration of the new “Zen” core processor is said to have contributed positively for AMD.
Source: http://finance.yahoo.com/chart/AMD
The shares started moving up rapidly after the 18th of August which was the day AMD demonstrated the breakthrough performance of their new “Zen” processor core. The performance demonstration of the new “Summit Ridge” desktop processors achieved 40% improvement on Instruction Per Clock. Also on the same day of the demonstration is the unveiling and demonstration of AMD’s new 32-core “Naples” server processor.
Summit Ridge Performance Highlights
On the said demonstration of the new AMD desktop processors featuring AMD’s “Zen” Core, an 8-core/16-thread Summit Ridge processor outperformed an Intel Broadwell-E 8-core/16-thread processor having similar configuration. The test was done using a multi-threaded blender rendering software having both the Summit Ridge and Intel Broadwell-E processors running on the same clock speed.
The New AMD AM4 Socket
The new AMD AM4 socket will be launched along with the “Zen”-based Summit Ridge desktop processors. The socket is said to be compatible with the 7th-gen AMD A-Series desktop processors. Aside from supporting the new “Zen” Core-based Summit Ridge processors, the AM4 socket will support key technologies such as DDR4 memory, USB 3.1 Gen2 10Gbps, PCIe Gen 3, NVMe, and SATA Express.
It has certainly been a while since AMD took up Intel’s higher-tier processors and the claimed results are surprising and encouraging in a sense that it revives the seemingly unending Intel vs AMD competition. The “Zen“-based processors prove to be promising and the hopes of having a competitive processor market is back.
Will AMD pull a big comeback by the end of 2016 with the new Summit Ridge AM4-socket processors? Let us know your thoughts and comment below.
Other sources: http://finance.yahoo.com/news/advanced-micro-devices-amd-focus-120512080.html
