Disclosed embodiments relate to executing a vector multiplication instruction. In one example, a processor includes fetch circuitry to fetch the vector multiplication instruction having fields for an opcode, first and second source identifiers, and a destination identifier, decode circuitry to decode the fetched instruction, execution circuitry to, on each of a plurality of corresponding pairs of fixed-sized elements of the identified first and second sources, execute the decoded instruction to generate a double-sized product of each pair of fixed-sized elements, the double-sized product being represented by at least twice a number of bits of the fixed size, and generate an unsigned fixed-sized result by rounding the most significant fixed-sized portion of the double-sized product to fit into the identified destination.