AMD launches new AI chips to tackle rival Nvidia By Investing.com

Investing.com– Superior Micro Units Inc (NASDAQ:) unveiled a brand new line of synthetic intelligence chips on the Computex 2024 discussion board on Sunday, coming only a day after rival NVIDIA Company (NASDAQ:) revealed its subsequent era of chips to energy AI growth. 

AMD revealed a brand new flagship AI chip- the MI325X accelerator, set for launch within the fourth quarter of 2024, and in addition introduced a brand new model of its Ryzen CPUs geared in the direction of AI growth on laptops and desktops. 

AMD additionally unveiled a brand new upcoming sequence of AI chips- the MI350, which can be out there in 2025. 

The agency mentioned it should accomplice with firms akin to Microsoft Company (NASDAQ:) and Zoom Video Communications Inc (NASDAQ:) to combine extra AI capabilities into shopper electronics.

AMD’s announcement comes simply hours after rival and market main Nvidia unveiled its subsequent era of AI chips. The brand new chip structure was dubbed “Rubin,” and got here even because the agency’s present structure, known as “Blackwell,” was nonetheless in manufacturing and scheduled to ship later in 2024. 

AMD has been struggling to meet up with Nvidia, which got here to dominate roughly 80% of the worldwide AI chip market over the previous yr. The latter additionally noticed an over three-fold spike in valuation over the previous yr, as its earnings benefited enormously from elevated AI demand. 

Whereas AMD has additionally doubled in valuation this yr, it has largely lagged Nvidia in valuation and gross sales.