Advanced Micro Devices, Inc. (NASDAQ:AMD) on Wednesday provided details regarding the forthcoming Ryzen chip which is also expected to include pricing. The major driving force for the company is the motivation to be able to compete effectively with its giant rival Intel Corporation (NASDAQ:INTC).On March 2,it is expected that the company will launch its first three chips which are meant to cater for both the gaming market as well as the desktop PC. The most powerful chip among the three is priced at half of what INTC, -1.23% charges for a chip configured the same way.
AMD’s Chief Executive Lisa revealed that the company had its clear goal as it engage in the manufacture of the new chips. In a statement she said, “We wanted to disrupt the PC market, we wanted to bring innovation, choice and performance to as many people as possible,”
Ryzen 7 1800X is a high-performance chip that bears 8 cores and it goes at $499 in terms of price. The company struck a comparison with another 8-core, 16-thread intel Core i7-6900K of a similar make. This one was sold for $1000.She came to the conclusion that their product gave more performance yet went at a cheaper price. The two other AMD’S chips go at a price relatively cheaper as compared to Intel’s chips.
The Ryzen 7 1700X goes at $399 whereas the similar chip that Intel sales goes for $425.On the other hand, the Ryzen 7 1700 stands at $329 pricewise whereas a comparable chip by Intel goes for $350.
Patrick Moorhead works with Moor Insights & Strategy as a principal analyst. His statements showed his expectations about Intel. He thought that a time had come for Intel to take up the wait-and-see approach! According to him, Intel needed to take a much closer look at the performance of its chips. That would be a step towards it enhancing the clock speeds for its chip offerings. The top official was very much against the move to lower prices since he thinks the move would negatively impact the company’s profit margins. A lot of companies around the globe are striving to move higher in terms of their standing in the NASDAQ Stock standings.