Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) has stepped up competition with Nvidia Corp (NASDAQ:NVDA, ETR:NVD), unveiling its latest MI350 AI processors and previewing the advanced MI400 series at its recent Advancing AI event. The new MI350X and MI355X chips promise four times the computing performance and a significant boost in inferencing capabilities compared to previous models.
CNBC's Kristina Partsinevelos joins 'Fast Money' with the highlights from AMD's Advancing AI 2025 event.
AMD (AMD) unveiled its next-generation MI400 chips at its "Advancing AI" event Thursday. The chip isn't expected to launch until 2026, but it already has some high-profile customers, including OpenAI.
AMD Chair and CEO Lisa Su joins 'Closing Bell Overtime' to talk new AI chips, competition in the space, changing trends in AI, and more.
Advanced Micro Devices, Inc. stock has been on a run in the last few weeks. While the stock has underperformed over the last 12 months, there are positive catalysts on the horizon. New AI accelerators, EPYC's continued dominance, and resurgent desktop CPU sales have AMD set up for success.
AMD on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year. CEO Lisa Su unveiled the chips at a launch event in San Jose, California.
Crusoe CEO Chase Lochmiller said on Thursday the artificial intelligence data center builder planned to purchase roughly $400 million worth of AI chips from Advanced Micro Devices to add to its portfolio of computing power.
Advanced Micro Devices CEO Lisa Su showed off a new crop of artificial intelligence chips that will compete with the flagship processors designed by Nvidia.
AMD gains momentum in the data center market as EPYC processor adoption expands across key tech sectors.
Advanced Micro Devices (AMD) CEO Lisa Su is set to take the stage tomorrow for a keynote presentation on the chipmaker's latest developments in artificial intelligence.
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Advanced Micro Devices, Inc. is showing a strong growth trajectory in Data Center segment and specifically its AI chip sales which has not been fully priced in. In 2024, AMD reported $12.6 billion in Data Center revenue, up 94% YoY, and in fiscal 2025 the Data Center revenue could easily top $20 billion. AMD is playing for the second position in AI chip business behind Nvidia, but the investment return potential for AMD are much stronger as the revenue share of AI business.