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Advanced Micro Devices, Inc. (NASDAQ:AMD) detailed Sunday morning its newest graphics card, the Radeon Pro V340.
What Happened
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AMD's new card is a high-performance dual-GPU Virtual Desktop Infrastructure (VDI), which is designed to handle datacenter visualization workloads, including CAD, design, Desktop as a Service (DaaS) and rendering, the company said in a press release. The card is based on the "Vega" architecture and is the first VDI equipped with 32GB of ultra-fast high-bandwidth memory.
Why It's Important
The graphics card is also made possible by AMD's MxGPU Technology, which is the only hardware-based GPU virtualization solution, the press release said. The technology combines software and hardware technologies to deliver virtualized graphics for the modern cloud
"As the flagship of our new Radeon™ Pro V-series product line, the Radeon™ Pro V340 graphics card employs advanced security features and helps to cost effectively deliver and accelerate modern visualization workloads from the datacenter," said Ogi Brkic, general manager of Radeon Pro at AMD.
What's Next
AMD says the new graphics card will be available for purchase in the fourth quarter of 2018 through leading system providers.
AMD shares were trading higher by 3.7 percent to $24.87 in Monday's pre-market session. The stock has gained nearly $5 per share over the last five trading sessions.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.