From Nasdaq: 2024-05-22 11:25:00

AMD has launched the EPYC 4004 Series processors, offering robust performance for SMBs and IT service providers. The single AMD EPYC 4564P CPU outperforms an Intel Xeon E-2488 CPU, emphasizing cost-effective performance. Supported by key partners, the series provides powerful, scalable computing solutions ideal for various setups.

AMD introduces the Ryzen PRO 8040 Series for mobile devices & Ryzen PRO 8000 Series for desktops. Featuring AI-enabled computing, the new processors promise superior performance and efficiency. The Ryzen PRO 8040 Series offers up to 30% greater performance for mobile workstations, while the Ryzen PRO 8000 Series boasts unmatched AI engine capabilities for business users.

AMD anticipates Q2 2024 revenues of $5.7 billion with 6% year-over-year growth, maintaining a Zacks Rank #3. The company’s stock has shown 11.6% growth YTD, underperforming Arista Networks and Alphabet. Long-term earnings growth rates for AMD, Arista Networks, and Alphabet are promising, indicating strong potential for investors.

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Read more at Nasdaq: AMD Expands SMB Footprint With the Latest EPYC 4004 Series