Nvidia Rivalry Pushes AMD To Shift Focus Away From Flagship Gaming GPUs As Lisa Su Chases AI Supercycle: $4.5B In MI300X AI Chip Sales Projected For 2024

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Su stated, “We believe we can have a very significant piece of the training and inference of these large language models.” The MI300x, launched last year, features 192GB of memory and 153 billion transistors, making it suitable for training large language models like OpenAI‘s ChatGPT.AMD anticipates $4.5 billion in sales from the MI300x in 2024, a significant increase from $100 million in AI-related chip revenue last year.

The company plans to unveil the MI325 AI chip later this year, followed by the MI350 in 2025 and the MI400 in 2026, challenging NVIDIA Corp.(NASDAQ:NVDA), reported Yahoo Finance on Monday.

Advanced Micro Devices, Inc.(NASDAQ:AMD) CEO Lisa Su highlighted the start of an artificial intelligence supercycle during the Goldman Sachs Communacopia & Technology Conference on Monday.

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Category: Technology

Markets: United States

Topics: NVDA Tech US0079031078 Kaustubh Bagalkote Artificial intelligence US4581401001 US67066G1040 Equities Lisa Su Benzinga News Markets INTC AMD

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Published On: 2024-09-10 @ 06:23:24 (11 hours ago)

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