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Advanced Micro Devices Targets the AI Chip Market

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AMD aims to become a major player in the AI chip space with its latest offerings.

AMD recently unveiled its new lineup of laptop processors, the Ryzen 8040 Series, which promises to enhance the performance of artificial intelligence (AI) applications by up to 60% compared to previous models. With the increased AI capabilities of the 8040 series, users can expect to handle larger models and enjoy enhanced AI experiences.

Leading PC manufacturers such as Acer, Asus, Dell, HP, Lenovo, and Razer will start offering computers equipped with the 8040 chips in the first quarter of next year.

In addition to the Ryzen processors, AMD has introduced its highly anticipated Instinct MI300X accelerators for sale to data-center customers and server makers. The MI300X is considered AMD’s answer to Nvidia’s AI data center chips.

According to AMD, the latest MI300X products can outperform Nvidia’s H100 HGX by up to 60% in certain AI model inference workloads. Meta, a prominent data center company, has already incorporated the MI300X into its infrastructure to power inferencing of certain AI models.

AMD president Victor Peng expressed confidence in their cutting-edge technology, stating that the Instinct MI300 Series accelerators will find their place in large-scale cloud and enterprise deployments.

During the company’s earnings call, CEO Lisa Su projected that data center GPU products will generate approximately $400 million in revenue for the fourth quarter and exceed $2 billion by 2024.

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