EPYC 9654 vs EPYC 9734

AMD

EPYC 9654

96 Cores192 Thrd360 WWMax: 3.7 GHz2022

Popular choices:

VS
AMD

EPYC 9734

112 Cores224 Thrd340 WWMax: 3 GHz2023

Popular choices:

Performance Spectrum - CPU

About PassMark

PassMark CPU Mark evaluates processor speed through complex mathematical computations. It provides a reliable metric to compare multi-core performance, where higher scores indicate faster processing for multitasking, gaming, and heavy workloads.

Head-to-Head Verdict, Benchmarks, Value & Long-Term Outlook

This comparison brings together gaming FPS, productivity performance, platform differences, power efficiency, pricing context, and upgrade path so you can see which CPU actually makes more sense.

EPYC 9654

2022

Why buy it

  • Better for gaming: +14.2% higher average FPS across 50 shared CPU benchmark tests.
  • +50% larger total L3 cache (384 MB vs 256 MB).

Trade-offs

  • 23% HIGHER MSRP
    $11,805 MSRPvs$9,600 MSRP

EPYC 9734

2023

Why buy it

  • Costs $2,205 less on MSRP ($9,600 MSRP vs $11,805 MSRP).

Trade-offs

  • Worse for gaming: lower average FPS than EPYC 9654 across 50 shared CPU benchmark tests.
  • Lower PassMark (102,286 vs 119,246).
  • Smaller total L3 cache (256 MB vs 384 MB).

Quick Answers

So, is EPYC 9654 better than EPYC 9734?
Yes. EPYC 9654 is the better overall CPU here. You are getting a 14.2% average FPS lead across 50 shared CPU game tests in our data and 16.6% better PassMark, which makes it the stronger all-around choice.
Which one is better for gaming?
If gaming is the priority, EPYC 9654 is the better pick here. According to our tests, it delivers 14.2% more average FPS across 50 shared CPU game tests.
Which one is better for streaming, content creation, and heavy multitasking?
For streaming, content creation, and heavier multitasking, EPYC 9654 is the better fit. You are getting 16.6% better PassMark, backed by 96 cores and 192 threads. It also carries the larger cache pool with 50% larger total L3 cache (384 MB vs 256 MB).
Which one is the smarter buy today, not just the cheaper CPU?
EPYC 9654 is still the faster CPU overall, but EPYC 9734 makes more sense if price matters more than absolute performance. EPYC 9654 is 23.0% more expensive on MSRP at $11,805 MSRP versus $9,600 MSRP, and it gives you a 14.2% average FPS lead across 50 shared CPU game tests in our data. EPYC 9734 is also 5.5% better value on MSRP (10.7 vs 10.1 PassMark/$), which is why it is easier to justify for price-conscious builds on paper.
Which one is more future-proof for 2026 and beyond?
EPYC 9734 is the more future-proof choice for 2026 and beyond. You are getting a newer CPU generation (2023 vs 2022). That extra cache should hold up really well in CPU-limited games and high-refresh builds.

Games Benchmarks

Paired with RTX 4090

To accurately isolate CPU performance, all benchmarks below use an NVIDIA RTX 4090 as the reference GPU. This eliminates GPU-side bottlenecks and highlights pure processing throughput differences between the CPUs.

Note: Real-world results may vary based on your actual GPU. CPU performance impact is more visible in processing-intensive titles and high-refresh-rate gaming scenarios.

Path of Exile 2

Path of Exile 2

PresetEPYC 9654EPYC 9734
1080p
low170 FPS163 FPS
medium141 FPS134 FPS
high122 FPS113 FPS
ultra96 FPS89 FPS
1440p
low148 FPS143 FPS
medium119 FPS114 FPS
high97 FPS90 FPS
ultra77 FPS72 FPS
4K
low70 FPS68 FPS
medium59 FPS58 FPS
high47 FPS45 FPS
ultra39 FPS37 FPS
Counter-Strike 2

Counter-Strike 2

PresetEPYC 9654EPYC 9734
1080p
low524 FPS238 FPS
medium457 FPS211 FPS
high365 FPS174 FPS
ultra296 FPS138 FPS
1440p
low431 FPS195 FPS
medium385 FPS177 FPS
high317 FPS151 FPS
ultra250 FPS116 FPS
4K
low265 FPS121 FPS
medium241 FPS112 FPS
high211 FPS97 FPS
ultra176 FPS79 FPS
League of Legends

League of Legends

PresetEPYC 9654EPYC 9734
1080p
low671 FPS650 FPS
medium560 FPS541 FPS
high522 FPS481 FPS
ultra454 FPS422 FPS
1440p
low511 FPS503 FPS
medium425 FPS418 FPS
high389 FPS365 FPS
ultra337 FPS318 FPS
4K
low376 FPS371 FPS
medium293 FPS289 FPS
high262 FPS246 FPS
ultra210 FPS199 FPS
Valorant

Valorant

PresetEPYC 9654EPYC 9734
1080p
low902 FPS868 FPS
medium822 FPS785 FPS
high708 FPS672 FPS
ultra623 FPS582 FPS
1440p
low724 FPS692 FPS
medium631 FPS600 FPS
high540 FPS511 FPS
ultra461 FPS430 FPS
4K
low519 FPS493 FPS
medium464 FPS439 FPS
high407 FPS384 FPS
ultra350 FPS327 FPS

Technical Specifications

Side-by-side comparison of EPYC 9654 and EPYC 9734

AMD

EPYC 9654

The EPYC 9654 is manufactured by AMD. It was released in 10 November 2022 (3 years ago). It is based on the Genoa (2022−2023) architecture. It features 96 cores and 192 threads. Base frequency is 2.4 GHz, with boost up to 3.7 GHz. L3 cache: 384 MB (total). L2 cache: 1 MB (per core). Built on 5 nm, 6 nm process technology. Socket: SP5. Thermal design power (TDP): 360 Watt. Memory support: DDR5-4800. Passmark benchmark score: 119,246 points. Launch price was $11,805.

AMD

EPYC 9734

The EPYC 9734 is manufactured by AMD. It was released in 13 June 2023 (2 years ago). It is based on the Bergamo (2023) architecture. It features 112 cores and 224 threads. Base frequency is 2.2 GHz, with boost up to 3 GHz. L3 cache: 256 MB (total). L2 cache: 1 MB (per core). Built on 5 nm process technology. Socket: SP5. Thermal design power (TDP): 340 Watt. Memory support: DDR5. Passmark benchmark score: 102,286 points. Launch price was $9,600.

Processing Power

The EPYC 9654 packs 96 cores / 192 threads, while the EPYC 9734 offers 112 cores / 224 threads — the EPYC 9734 has 16 more cores. Boost clocks reach 3.7 GHz on the EPYC 9654 versus 3 GHz on the EPYC 9734 — a 20.9% clock advantage for the EPYC 9654 (base: 2.4 GHz vs 2.2 GHz). The EPYC 9654 uses the Genoa (2022−2023) architecture (5 nm, 6 nm), while the EPYC 9734 uses Bergamo (2023) (5 nm). In PassMark, the EPYC 9654 scores 119,246 against the EPYC 9734's 102,286 — a 15.3% lead for the EPYC 9654. L3 cache: 384 MB (total) on the EPYC 9654 vs 256 MB (total) on the EPYC 9734.

FeatureEPYC 9654EPYC 9734
Cores / Threads
96 / 192
112 / 224+17%
Boost Clock
3.7 GHz+23%
3 GHz
Base Clock
2.4 GHz+9%
2.2 GHz
L3 Cache
384 MB (total)+50%
256 MB (total)
L2 Cache
1 MB (per core)
1 MB (per core)
Process
5 nm, 6 nm
5 nm
Architecture
Genoa (2022−2023)
Bergamo (2023)
PassMark
119,246+17%
102,286
Geekbench 6 Single
1,250
Geekbench 6 Multi
20,000
🧠

Memory & Platform

Both processors use the SP5 socket with PCIe 5.0. Both support up to DDR5-4800 memory speed. Both support up to 6 TB of RAM. Both feature 12-channel memory with ECC support. Both provide 128 PCIe lanes. Chipset compatibility: SP5 (EPYC 9654) and SP5 (EPYC 9734).

FeatureEPYC 9654EPYC 9734
Socket
SP5
SP5
PCIe Generation
PCIe 5.0
PCIe 5.0
Max RAM Speed
DDR5-4800
DDR5-4800
Max RAM Capacity
6 TB
6 TB
RAM Channels
12
12
ECC Support
Yes
Yes
PCIe Lanes
128
128
🔧

Advanced Features

Both support AMD-V, SEV-SNP virtualization. Primary use case: EPYC 9654 targets Data Center, EPYC 9734 targets Data Center / High Density. Direct competitor: EPYC 9654 rivals Xeon 8592+; EPYC 9734 rivals Xeon 6780E.

FeatureEPYC 9654EPYC 9734
Integrated GPU
No
No
Virtualization
AMD-V, SEV-SNP
AMD-V, SEV-SNP
Target Use
Data Center
Data Center / High Density
💰

Value Analysis

The EPYC 9654 launched at $11805 MSRP, while the EPYC 9734 debuted at $9600. On MSRP ($11805 vs $9600), the EPYC 9734 is $2205 cheaper. In terms of value on MSRP (PassMark points per dollar), the EPYC 9654 delivers 10.1 pts/$ vs 10.7 pts/$ for the EPYC 9734 — making the EPYC 9734 the 5.3% better value option.

FeatureEPYC 9654EPYC 9734
MSRP
$11805
$9600-19%
Performance per Dollar
10.1
10.7+6%
Release Date
2022
2023