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Advanced Micro Devices Inc (NASDAQ:AMD) has unveiled its latest AI PC architecture, incorporating a new neural processing unit (NPU) in its AMD Ryzen AI chips.
This announcement was made at the Computex trade show in Taiwan last month, followed by a detailed presentation at a recent event in Los Angeles, VentureBeat reports.
The new NPU technology can handle AI workloads with remarkable efficiency.
Also Read: AMD Challenges Nvidia With Strategic $665M Purchase Of Finnish AI Lab
According to Vamsi Boppana, AMD's SVP of AI, the NPUs can operate AI models at 35 times the performance per watt of a standard CPU and eight times that of an integrated GPU.
AMD's AI PCs provide enhanced privacy by containing data within local networks, reducing the need for cloud-based processing.
The latest AMD Ryzen AI chips integrate 16 RDNA 3.5 GPU compute units and 12 Zen CPU cores, and thanks to the XDNA 2 architecture, they offer 50 TOPS.
AMD's XDNA 2 architecture features 32 AI engines and 50 NPU TOPS, which supports various applications, including immersive collaboration, creative editing, gaming, personal AI assistance, and enterprise productivity.
AMD stock gained 52% in the last 12 months, buoyed by the AI wave. Investors can gain exposure to the stock through Vanguard Growth ETF (NYSE:VUG) and VanEck Semiconductor ETF (NASDAQ:SMH).
Price Action: AMD is down 2.04% at $176.17 at the last check on Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Wall Street analysts view Advanced Micro Devices on the whole as a Outperform, given the history of coverage over the past three months. Christopher Danely from Citigroup in Advanced Micro Devices is the most optimistic, expecting a 19.32% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, Advanced Micro Devices rose 12.83%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 2.24% over the past year.
A complete overview of how Wall Street views individual stocks is available here, while real time updates on the latest analyst actions will be delivered via Benzinga PRO. Try it for free.
Photo courtesy of AMD.