Advanced Micro Devices (AMD) showcased its new Instinct MI325X AI chip at its Advancing AI 2024 conference. Scheduled to begin production by the end of this year, AMD is already positioning the Instinct MI325X to "exceed some of the capabilities of its rival," like Nvidia (NVDA).
Major U.S. equities indexes lost ground after the latest Consumer Price Index report showed greater-than-expected price increases in September, driven by an uptick in grocery prices.
AMD CEO and President Lisa Su discusses the demand for the company's AI products with Ed Ludlow on "Bloomberg The Close." AMD suffered its biggest stock decline in more than a month after the company unveiled new AI chips but didn't provide hoped-for information on customers or financial performance.
Lisa Su, AMD CEO, joins 'Closing Bell Overtime' and CNBC's Kristina Partsinevelos to talk its new AI chip, pricing, chip manufacturing and more.
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.