Advanced Micro Devices (AMD) unveiled its next generation of artificial intelligence (AI) chips at its Advancing AI event on Thursday.
At AMD's 'Advancing AI' event, CEO Lisa Su announces new GPUs and server processors for AI customers. Watch everything revealed in our 9 minute recap.
Speaking at an event in San Francisco, AMD CEO Lisa Su unveiled AI-infused chips across its Ryzen, Instinct and Epyc brands.
Advanced Micro Devices is getting more optimistic about the long-term market size potential for artificial intelligence chips.
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia's data center graphics processors, known as GPUs. The Instinct MI325X's rollout will pit it against Nvidia's upcoming Blackwell chips, which will start shipping in significant quantities early next year.
AMD's stock is off 3% during its Advancing AI keynote. Last year's event delivered a major boost to shares.
According to PC Gamer, “The AMD Ryzen 7 7800X3D is simply the best gaming CPU around right now. It's certainly the best gaming chip that AMD has ever made, but it's also capable of outperforming Intel's top CPU when it comes to gaming frame rates and is doing so for a lot less cash. It's also a lot less power-thirsty, too.” Rave reviews such as this would have been considered unthinkable over a decade ago.
AMD stock investors are ready for the company to join the momentum experienced by Nvidia.
Advanced Micro Devices (NASDAQ: AMD) is gearing up for a big moment, with its Advancing AI Event set to unfold on Thursday, October 10, in San Francisco.
Advanced Micro Devices is expected to announce several new artificial intelligence processors and other chips at an event in San Francisco on Thursday, as it grows as a supplier of AI chips in a market dominated by Nvidia.
AMD could still have plenty of room to grow over the next few decades.
AMD's Advancing AI 2024 event on October 10 is crucial for showcasing next-gen accelerators and 5th Gen EPYC processors, pivotal for data center GPU advancements. The Q3 2024 earnings call is equally critical; strong MI300 sales are essential to sustain AMD's recent stock rally and investor confidence. AMD's competitive edge lies in offering more affordable GPU accelerators compared to Nvidia, appealing to cost-conscious companies investing in AI infrastructure.