AMD Threadripper Pro Pricing Slows Down Stock Growth

AMD stock slipped 1.57% on Friday after revealing Threadripper Pro 9000 WX-Series CPU prices, starting at $1,649 and topping out at $11,699. Despite the high prices, these processors are designed for professionals with powerful applications in rendering and AI. Analysts have updated their ratings, with Bank of America Securities, Mizuho Securities, and Wells Fargo maintaining Buy ratings, while Bernstein initiated coverage with a Hold rating. The consensus rating for AMD is Moderate Buy, with an average price target of $141.87.

AMD's stock experienced a slight decline of 1.57% on Friday following the announcement of the pricing for its new Threadripper Pro 9000 WX-Series CPUs. The new processors, which start at $1,649 and top out at $11,699, are designed to cater to professionals engaged in high-performance applications such as rendering and AI. Despite the high price points, the processors are expected to serve a niche market requiring substantial computational power.

The Threadripper Pro 9000 WX-Series features AMD's latest Zen 5 cores, offering significant improvements in IPC (Instructions Per Cycle) compared to the previous Zen 4 cores. The new series includes models with up to 96 cores and 192 threads, with base clock speeds ranging from 2.5 GHz to 4.5 GHz and boost clock speeds reaching up to 5.4 GHz. The L3 cache sizes and TDP (Thermal Design Power) remain consistent with the previous generation, with the maximum TDP being 350W [1].

Analysts have responded to the price reveal with mixed ratings. Bank of America Securities, Mizuho Securities, and Wells Fargo maintain Buy ratings, while Bernstein initiated coverage with a Hold rating. The consensus rating for AMD remains Moderate Buy, with an average price target of $141.87 [1].

The Threadripper Pro 9000 WX-Series processors are set to release on July 23, with AMD's global partners and OEMs such as Dell Technologies, HP, Lenovo, and Supermicro offering the chips individually. The Radeon AI Pro R9700, which is also part of the announcement, will initially be available through pre-built workstation systems, with standalone graphics cards expected to arrive in the third quarter of 2025 [1].

In addition to the market announcement, Allnodes, a leading blockchain infrastructure provider, has started pre-orders for its bare-metal server hosting solutions powered by the new AMD Ryzen Threadripper PRO 9000 Series processors. This move is aimed at meeting the rising computational demands of blockchain networks, which require high-performance and efficient infrastructure [2].

References:
[1] https://www.tomshardware.com/pc-components/cpus/amd-launches-threadripper-pro-9000-wx-series-cpus-with-up-to-96-zen-5-cores-for-usd11-699-shimada-peak-and-radeon-ai-pro-r9700-arrive-on-july-23
[2] https://cryptoslate.com/press-releases/allnodes-among-first-to-launch-bare-metal-servers-powered-by-amd-threadripper-9000-series/