AMD has officially announced today that it will release its Ryzen CPUs on March 2nd. According to the red team, there will be three models available at launch; the Ryzen 7 1800X, Ryzen 7 1700X and Ryzen 7 1700. What’s also great is that AMD confirmed the rumoured prices for these processors. And yes, the high-end Ryzen model will be priced at under $500.

Here are the three models that will be available at launch:

• Ryzen 7 1800X: 8C/16T, 3.6 GHz base, 4.0 GHz turbo, 95W, $499
• Ryzen 7 1700X: 8C/16T, 3.4 GHz base, 3.8 GHz turbo, 95W, $399
• Ryzen 7 1700: 8C/16T, 3.0 GHz base, 3.7 GHz turbo, $329

AMD has also shared an image, claiming that the Ryzen architecture offers 53% better IPC (instructions per clock) than its Excavator architecture. AMD targeted a 40% gain, however it appears that the company exceeded its expectations with this brand new architecture.

AMD has also revealed the first official benchmarks for both the AMD Ryzen 7 1800X and the AMD Ryzen 7 1700X that can be viewed below.

The embargo for third-part benchmarks will be lifted on March 2nd, so stay tuned for more!