Extreme Investor Network is excited to delve into the latest developments in the world of finance, specifically in the realm of artificial intelligence chips. Advanced Micro Devices Inc. recently unveiled new AI chips that have the potential to revolutionize the market and give their competitor, Nvidia Corp., a run for their money.
AMD’s CEO, Lisa Su, made a compelling case for the company’s latest MI325X processors at a recent event in San Francisco. These chips are expected to outperform Nvidia’s H100 due to their innovative use of a new type of memory chip, which will greatly enhance their performance in running AI software.
While AMD still has a ways to go to catch up to Nvidia, the company has been making significant strides under Su’s leadership. AMD has already surpassed its longtime rival, Intel Corp., in market valuation and is now setting its sights on dominating the AI accelerator market.
Not only is AMD focused on AI accelerators, but they are also expanding their reach into the server processor market with the release of their new “Turin” technology. Su announced that computers with AMD’s fifth-generation EPYC central processing units (CPUs) are now available for purchase, boasting up to 192 processor cores and outperforming Intel’s latest products.
In terms of manufacturing, AMD is looking to diversify geographically and is currently exploring the possibility of working with Taiwan Semiconductor Manufacturing Co.’s new Arizona facility. Su emphasized the importance of having options when it comes to manufacturing partners and did not rule out the possibility of collaborating with Samsung Electronics Co. or Intel in the future.
What sets AMD apart from its competitors, according to Su, is their open-minded approach to collaboration. While Nvidia may offer complete closed and proprietary systems, AMD is committed to working with other companies, including Intel and Nvidia, to drive innovation forward.
Overall, the future looks bright for AMD as they continue to push the boundaries of technology and solidify their position as a key player in the world of artificial intelligence chips. Stay tuned for more exciting updates from Extreme Investor Network as we follow AMD’s journey to success in the finance world.