AMD launches new AI chips to take on leader Nvidia

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AMD launches new AI chips to take on leader Nvidia
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Making Phyllo Parcels with a Greek Yaya | SaltWire #halifaxnovascotia #greekfood #cookingTAIPEI - Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years in a bid to challenge industry leader Nvidia.

AMD also introduced an upcoming series of chips titled MI350, which is expected to be available in 2025 and will be based on new chip architecture. AMD's shares have more than doubled since the start of 2023. This surge still pales in comparison to the more than seven-fold rise in Nvidia's shares in the same time period.

At the Computex event, AMD also said its latest generation of central processors will likely be available in the second half of 2024.

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