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Intel Stock (NASDAQ:INTC) Slips as AMD Steps Up at Computex
Intel Stock (NASDAQ:INTC) Slips as AMD Steps Up at Computex

Globe and Mail

time5 days ago

  • Business
  • Globe and Mail

Intel Stock (NASDAQ:INTC) Slips as AMD Steps Up at Computex

While chip stock Intel's (INTC) big outing to the Computex 2025 show was a major step forward, it did not make that step forward in isolation. In fact, reports note, one of its biggest rivals, Advanced Micro Devices (AMD) has been likewise making a play for Intel's market share, and hit Computex with a show of its own. That revelation hit shareholders hard, and Intel shares slid nearly 2% in Wednesday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter And Intel will have its work cut out for it, as it takes on such items as the Asus Expert P Series Copilot+ PC lineup, the fruit of a partnership effort between AMD and Asus. Packing a Ryzen AI Pro 300 series processor, these new PCs will reportedly open up new possibilities in AI acceleration for enterprise users. They measure their operations in TOPS, or Trillions of Operations Per Second, and the new PCs can average 50 of those TOPS. AMD also brought out its new graphics cards, the Radeon RX 9060 XT, which is geared more to the gaming market. Workstations got a boost from the Threadripper processors and the other Radeon graphics cards. All of this will pose a serious threat to Intel as it works to keep, and win back, market share that it has either previously lost or may be in danger of losing. A New Partnership Meanwhile, Intel is also forging some new partnerships, and trying to bolster its artificial intelligence (AI) chops. Working together with the IndiaAI Mission, which is part of the Ministry of Electronics and Information Technology (MeitY). The new partnership effort will offer 'crucial mentorship and technological resources to early-stage AI ventures.' Those wondering how Intel will offer up resources for anything when it is firing at a staggering pace and husbanding its capital should remember that Intel was also looking at doing some hiring, just in very specific sectors. And with Intel working to expand AI literacy, access to multilingual platforms, and bringing AI to public services, that may prove helpful in not only finding some of those new employees of the future, but also in selling the necessary chips and infrastructure to make it all happen. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 32.3% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 2.21% upside potential. See more INTC analyst ratings Disclosure

AMD takes aim at Intel with new 96-core Threadripper 9000 series CPU
AMD takes aim at Intel with new 96-core Threadripper 9000 series CPU

The Verge

time21-05-2025

  • Business
  • The Verge

AMD takes aim at Intel with new 96-core Threadripper 9000 series CPU

AMD has announced its latest Zen 5-based Ryzen Threadripper 9000 Series of CPUs at Computex today. The 9000 Series and 9000 WX-Series are built for the demanding workstation market, and the top Threadripper Pro 9995WX will ship with 96 cores and 192 threads. This flagship Threadripper chip is designed for professionals who are working on visual effects, simulations, and AI model development. The Threadripper Pro 9995WX also has up to 384MB of L3 cache and 128 lanes of PCIe Gen 5, making it ideal to pair with multiple GPUs. AMD claims that the Threadripper Pro 9995WX is 2.2x faster than Intel's 60-core Xeon W9-3595X processor in Cinebench 2024 multi-threaded rendering. If you don't need a 96-core CPU, AMD's Threadripper 9000 Series are also targeted at enthusiasts and creators who want workstation-like performance. The Ryzen Threadripper 9980X has 64 cores and 128 threads, a base frequency of 3.2GHz, and 320MB of L3 cache. All of these new Threadripper chips, pro or not, will run at a thermal design power (TDP) of 350 watts and will work (after a BIOS update) on existing motherboards that support the sTR5 socket. Both Threadripper 9000 Series and the Pro WX-Series processors will be available from retailers in July, but AMD isn't announcing pricing just yet. Given the its high-end 7980X Threadripper CPU retailed at $4,999 in 2023, it's fair to say these next-gen equivalents will be around that price.

AMD Announces Radeon RX 9060 XT And Ryzen Threadripper 9000 CPUs
AMD Announces Radeon RX 9060 XT And Ryzen Threadripper 9000 CPUs

Forbes

time21-05-2025

  • Forbes

AMD Announces Radeon RX 9060 XT And Ryzen Threadripper 9000 CPUs

AMD's Radeon RX 9060 XT AMD has made significant announcements at the Computex trade show in Taiwan this today, revealing concrete details of its highly-anticipated budget-conscious Radeon RX 9060 XT graphics card for gamers, and also a new generation of Ryzen Threadripper processors. Starting with the Radeon RX 9600 XT, AMD has revealed the specifications of the new graphics card, which is set to sit beneath the existing RX 9070 and its launch price of $549 and the RX 9070 XT at $599. Early suggestions are that the card is likely to be priced between $300 and $500 depending on the chosen memory capacity. The capacity itself is either 8GB or 16GB of video memory, in a similar move to Nvidia with its RTX 5060. The latter, though, has not been met with favorable reviews. In fact, PC Gamer said it best in its review of the RTX 5060 and in its own words, things don't look great, with inconsistent performance and Nvidia's would be silver bullet, Multi Frame Generation, at the heart of its problems. By contrast, AMD has enjoyed sales up to 10 times higher with its RX 9070 XT and according to some retailers, even outselling equivalent Nvidia RTX 50-series models and it's hoped the RX 9060 XT 8GB and 16GB will offer yet more compelling reasons to shun Nvidia and steal market share. AMD has revealed specifications of its Radeon RX 9060 XT graphics card, which will have 8GB and 16GB ... More memory options Comparing the RX 9060 and 9070 series cards above and below we can see that the RX 9070 XT has double the AMD RDNA 4 compute units, RT accelerators and AI accelerators and offers nearly double the AI TOPS too. If you're worried about power consumption, then the maximum board power is just 182W, but can be as low as 150W and combined with a standard 8-pin connector, older and less capable power supplies should handle it fine. AMD's Radeon RX 9070 XT and 9070 both have 16GB of memory, support PCIe 5 and have board powers of ... More 300W or less Sadly there's no word on pricing, performance or availability, but the company will be making further announcements this week and in the near future so watch this space. AMD's Ryzen Threadripper 9000 The second announcement is that of new Zen-5 based Ryzen Threadripper CPUs. There are Pro models, aimed squarely at workstations and professional users, but AMD is classing the standard Threadripper 9000 models as high-end desktop. Whether that is accurate or not depends on the price of both processors, as the previous generation certainly didn't appeal to desktop users as much as the first few generations as they had a far higher platform cost. AMD has announced three new Threadripper 9000 CPUs Three new models will be available, with no core count increases compared to the previous non-Pro models. The maximum core count is 64 for the 9980X, 32 for the 9970X and 24 for the 9960X. However, all four CPUs offer peak boost frequencies up to 5.4GHz and use the same Zen 5 architecture as the company's current Ryzen 9000 CPUs such as the Ryzen 9 9950X, which has 16 cores. Pricing and availability are yet to be announced.

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