AMD announces new chips at CES 2020


AMD announces new chips at CES 2020

Advanced Micro Devices Inc. detailed its plans for 2020 on Monday at the annual CES trade show, as it attempts to maintain momentum that made its stock the biggest gainer on the S&P 500 index in 2018 and 2019. AMD announced new third-generation Ryzen 4000 mobile processors for laptops, which Chief Executive Lisa Su claimed outperformed Intel Corp.’s i7 rival, especially in graphics performance. Laptops with the chips will debut this quarter, Su said, with more than 100 products expected to launch this year. The chip maker also announced a new graphic card, the Radeon RX 5600 XT, which splits the difference between the high-end 5700 and bargain 5500 cards launched last year and will be available Jan. 21 for $279. AMD also claimed superior performance against its main rival in the gaming sphere, Nvidia Corp. To close, Su showed off a new version of its high-performance desktop processor called Threadripper, which doubles the number of cores to 64, which Su said has not been available on a consumer desktop processor previously. The third-generation Threadripper will cost $3,990, and go on sale Feb. 7. AMD shares were trading up 0.5% in after-hours trading after closing 0.4% lower in the regular session.

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