AMD stock reaches for the stars, climbs 280% in 2016

AMD stock is doing extremely well, climbing by a massive 280% this year alone.

@anthony256
Published Sun, Dec 18 2016 7:54 PM CST   |   Updated Tue, Nov 3 2020 11:57 AM CST

AMD has had a massive year, starting it off with the push of Polaris - and then the launch of the Radeon RX 400 series in May and June. Throughout the year, AMD launched a new driver initiative - releasing more drivers in the first 6 months of the year, than they did throughout the entire of 2015.

AMD stock reaches for the stars, climbs 280% in 2016 02 | TweakTown.com
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Then the Zen leaks and teases started to flow, teasing Core i7-5960X performance ($999+) for much less (purportedly $499) - and then the Vega 10 graphics card teases began. AMD flew us out to their annual AMD Tech Summit 2016 in Sonoma, California - teasing Ryzen, the new CPU family under the Zen architecture, as well as our first real glimpse of Vega 10.

AMD stock reaches for the stars, climbs 280% in 2016 03 | TweakTown.com

AMD teased a Vega 10 graphics card with 8GB of HBM2 memory running DOOM at 4K 60FPS+ on Ultra/Nightmare settings, as well as their new Radeon Instinct push that will see AMD technology inside of supercomputers. What has that done for the company? Drive its stock prices up by a mammoth 280% over the year, rising from the sub $3 mark to $10+ right now, settling in at $10.66 at the time of writing.

2017 is going to be AMD's most important year ever, with the releases of both Ryzen and Vega - but then there's also FreeSync, CrossFire, new consoles in Project Scorpio with Microsoft, and so much more. Things are only getting started for AMD, and I couldn't be more excited.

NEWS SOURCE:nasdaq.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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