10:35 AM EDT, 05/21/2024 (MT Newswires) -- Advanced Micro Devices ( AMD ) said Tuesday that it is introducing EPYC 4004 Series processors, specifically designed to cater to small and medium businesses as well as information technology service providers.

These chips are built to provide high-performance and enterprise-grade features at a lower cost and complement the existing AMD EPYC server CPU portfolio, the company said.

Shares of Advanced Micro Devices ( AMD ) were down more than 1% in recent trading activity.

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