Processors, systems and methods are provided for thread level parallel processing. A processor may comprise a plurality of processing elements (PEs) each having a plurality of arithmetic logic units (ALUs) that are configured to execute a same instruction in parallel threads and a plurality of memory ports (MPs) for the plurality of PEs to access a memory unit. Each of the plurality of MPs may comprise an address calculation unit configured to generate respective memory addresses for each thread to access a common area in the memory unit.