AMD chip – pressnews

[ad_1] Advanced Micro Devices Inc., taking aim at a burgeoning market dominated by Nvidia Corp., unveiled new so-called accelerator chips that it said will be able to run artificial intelligence software faster than rival products. The company introduced a long-anticipated lineup called the MI300 at an event Wednesday held in San Jose, California. Chief Executive Officer Lisa Su also gave an eye-popping forecast for the size of the AI chip industry, saying it could climb to more than $400 billion in the next four years. That's more than twice as high as a projection AMD gave in August, showing how rapidly expectations are changing for AI hardware. The launch is one of the most important in AMD's five-decade history, setting up a showdown with Nvidia in the red-hot market for AI acceler...

[ad_1] Chipmaker AMD, which had seemingly been relgated to a spot very much behind the new darling of the markets, Nvidia, has just hit back hard by doing exactly what was required to make a telling comeback that would actually be noticed - it unveiled its fancy new chip. And if all that is being said about it comes true, it will grab the spotlight from its arch rival and keep it on itself. In effect, AMD has started a battle for super chips in which it expects to come out a 'winner', according to CEO Lisa Su. She added that AI is the "defining mega trend in technology".MI300X Chip and the power of GPUAMD is touting the new MI300X as a wonder chip aimed at Large Language Models. The chip has one of its most-advanced GPUs (graphics processing units) for artificial intelligence level comp...

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AMD CEO Debuts Nvidia Chip Rival, Gives Eye-Popping Forecast