
EPYC 9654P vs EPYC 9734

EPYC 9654P

EPYC 9734
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.
Value Upgrade Path
This is the official ChipVERSUS Value Rating, comparing raw performance (PassMark) per dollar. Components placed above yours deliver better value for money.
Avg price is the current average price collected from markets across the web.
Performance Per Dollar EPYC 9654P
Performance Per Dollar EPYC 9734
Performance Comparison
About PassMark🏆 Chipversus Verdict
🚀 Performance Leadership
| Insight | EPYC 9654P | EPYC 9734 |
|---|---|---|
| Gaming | ✅ Superior gaming performance | ❌ Lower gaming performance |
| Workstation | ✅ Better multi-core power | ❌ Weaker in multi-core tasks |
| Price | ✅ More affordable ($5,345) | ⚠️ Higher cost ($6,598) |
| Longevity | ✨ Modern (Genoa (2022−2023) / 5 nm, 6 nm) | ✨ Modern (Bergamo (2023) / 5 nm) |
💎 Value Proposition
| Insight | EPYC 9654P | EPYC 9734 |
|---|---|---|
| Cost Efficiency | ✅ Better overall value (+40%) | ❌ Lower cost efficiency |
| Upfront Cost | ✅ More affordable ($5,345) | ⚠️ Higher cost ($6,598) |
Performance Check
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.
Technical Specifications
Side-by-side comparison of EPYC 9654P and EPYC 9734

EPYC 9654P
The EPYC 9654P 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: 116,324 points. Launch price was $10,625.

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 9654P 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 9654P versus 3 GHz on the EPYC 9734 — a 20.9% clock advantage for the EPYC 9654P (base: 2.4 GHz vs 2.2 GHz). The EPYC 9654P uses the Genoa (2022−2023) architecture (5 nm, 6 nm), while the EPYC 9734 uses Bergamo (2023) (5 nm). In PassMark, the EPYC 9654P scores 116,324 against the EPYC 9734's 102,286 — a 12.8% lead for the EPYC 9654P. L3 cache: 384 MB (total) on the EPYC 9654P vs 256 MB (total) on the EPYC 9734.
| Feature | EPYC 9654P | EPYC 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 | 116,324+14% | 102,286 |
| Geekbench 6 Single | 2,025 | — |
| Geekbench 6 Multi | 23,214 | — |
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 9654P) and SP5 (EPYC 9734).
| Feature | EPYC 9654P | EPYC 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 | ✅ | ✅ |
| PCIe Lanes | 128 | 128 |
Advanced Features
Both support AMD-V, SEV-SNP virtualization. Primary use case: EPYC 9654P targets Data Center / Single Socket, EPYC 9734 targets Data Center / High Density. Direct competitor: EPYC 9654P rivals Xeon 8490H; EPYC 9734 rivals Xeon 6780E.
| Feature | EPYC 9654P | EPYC 9734 |
|---|---|---|
| Integrated GPU | No | No |
| Virtualization | AMD-V, SEV-SNP | AMD-V, SEV-SNP |
| Target Use | Data Center / Single Socket | Data Center / High Density |
Value Analysis
The EPYC 9654P launched at $10625 MSRP, while the EPYC 9734 debuted at $9600. At current prices ($5345 vs $6598), the EPYC 9654P is $1253 cheaper. In terms of value (PassMark points per dollar), the EPYC 9654P delivers 21.8 pts/$ vs 15.5 pts/$ for the EPYC 9734 — making the EPYC 9654P the 33.6% better value option.
| Feature | EPYC 9654P | EPYC 9734 |
|---|---|---|
| MSRP | $10625 | $9600-10% |
| Avg Price (30d) | $5345-19% | $6598 |
| Performance per Dollar | 21.8+41% | 15.5 |
| Release Date | 2022 | 2023 |
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