Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are likely to see further momentum this year, given the ongoing strong product momentum.

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AMD All But Confirms

AMD confirmed at the Consumers Electronics Show as well as in an interview titled "Bring Up," where CEO Lisa Su recapped the company's CES presentations a high-end Navi graphics card will be released later this year.

"I can say you're going to see Big Navi in 2020," Su said in the interview.

In a roundtable Q&A session with the press at CES, Su reportedly said it's important to have a high-end discrete graphics car.

"So you should expect that we will have a high-end Navi, although I don't usually comment on unannounced products," Su said.

Rumors Abound

Even as the company hasn't disclosed much details, AMD's high-end graphics card could be 30% faster than Nvidia's RTX 2080 Ti, Tech Radar reported over the weekend.

A recent Eurasian Economic Commission filing done for the Radeon RX 5950XT, supposedly the high-end Navi GPU, is also a proof the "Nvidia Killer" is set to launch shortly, the report said.