AMD is targeting budget PC builders with a new Athlon chip that'll retail for only $55.

The Athlon 200GE will pack both your computing and gaming graphic needs on a single chip. The product features AMD's Zen core architecture, which is also used in the company's Ryzen branded chips, along with built-in Radeon Vega graphics.

The 200GE is designed for entry-level users in the PC desktop space, so don't expect a huge amount of performance. The chip itself features two cores, four threads with a 3.2 GHz clock speed, and a 5MB cache.

Nevertheless, AMD claims the new chip offers higher performance over rival Intel Pentium processors. According to the company's benchmarks, the Athlon 200GE offered up to 67 percent more GPU performance than Intel's Pentium G4560 chip.

The Athlon 200GE is also capable of playing certain online games at 720p, but often at low settings. The company offered some benchmarks, which showed the chip running DOTA 2 at 65 frames per second and Overwatch at 59 FPS.

Meanwhile, Fortnite came in at 49 FPS. When compared against Intel's Pentium G450, this can amount up to 84 percent performance increase.

AMD also says the new chip is efficient at carrying out everyday tasks such as word processing, web browsing, and video conferencing. The Athlon 220GE will arrive at retailers on Sept. 18. You can integrate the chip in AM4 socket-equipped motherboards.

The new chip will also be used by PC makers including Dell, HP, and Lenovo. In addition, AMD has promised to release more silicon under the Athlon line. They'll include the 220GE and 240GE, which are set to launch in the fourth quarter of this year.

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