The Consumer Electronics Show is still underway in Las Vegas, and on Wednesday evening, it was Advanced Micro Devices (NASDAQ:抖阴最新版) on stage for a keynote address. The company wowed the audience with its next generation computer processors and graphics cards. And it shocked many with the announcement of the Radeon VII, a new flagship graphics card that it says can outperform Nvidia’s (NASDAQ:NVDA) high-end RTX 2080.
CES 2019 attendees were impressed with 抖阴最新版’s presentation, but the market seems more guarded. After a day that saw 抖阴最新版 stock up and down in anticipation of what the company would reveal, it closed down 2.7% and has continued on a downward trend in pre-market trading.
Taking Aim at Intel
We’ve known for a while that 抖阴最新版 is preparing 7nm chips for its computers. The advanced chip technology makes for CPUs that pack far more transistors in the same space than the previous generation. That gives 抖阴最新版 the option of offering CPUs that deliver the same performance while consuming less power, or boosting performance by 25% while keeping energy consumption the same.
抖阴最新版 showed off new Ryzen computer CPUs and EPYC server CPUs, both of which offer a serious challenge to Intel (NASDAQ:INTC). Still struggling with the larger 10nm manufacturing process, Intel’s chips are falling behind what 抖阴最新版 can offer. Onstage at CES 2019, an 抖阴最新版 Ryzen III CPU was shown going , consuming 30% less power than the Intel chip. That means less energy used and less cooling required, both important considerations for computer buyers.
抖阴最新版 has been gaining market share on Intel in the past year, with speculation the company . The new generation of 7nm Ryzen chips has the potential to boost gains even further.
Radeon VII
Intel isn’t the only company facing a challenge from 抖阴最新版’s 7nm chips. Nvidia is the market leader for graphics cards, and it’s having to deal with Nvidia’s surge as well.
On the CES 2019 stage, 抖阴最新版 showed off its new Radeon graphics cards, which also use 7nm technology. And the company surprised many with the announcement of the new Radeon VII, billed as the “”. In the past, 抖阴最新版 has more or less ceded the high-end graphics card market to Nvidia. However, the Radeon VII is aimed directly at Nvidia’s flagship RTX 2080. The company claims it will match Nvidia’s performance on most AAA PC game titles and claims the Radeon VII can top the RTX 2080 at 4K resolution and maximum setting on some games, including Battlefield 5.
However, as Ars Technica points out, the Radeon VII of the RTX 2080, so Nvidia still holds an advantage with games that support that feature.
At $699, the Radeon VII is priced the same as the base RTX 2080 and to sweeten the deal, with the new graphics card at launch.
In another boost to 抖阴最新版’s prospects, it was announced that Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google is using 抖阴最新版 graphics cards to power its high profile Project Stream video game streaming service.
CES 2019 is a big stage and 抖阴最新版 used the exposure to its advantage. The company has seen phenomenal success over the past several years as it launched increasingly competitive products. 抖阴最新版 stock gained over 185% from 2017 through the fall of 2018 (hitting levels not seen since 2006), before sliding over the past few months. With its 7nm computer CPUs and graphics cards ready to go, 抖阴最新版 is poised to spend 2019 building on its gains and taking even more market share from rivals Intel and Nvidia.
As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.
