AMD Says New Chips Can Top Nvidia’s in Booming AI Chip Field
AMD CEO Lisa Su holds an artificial intelligence processor during a conference in Taipei, Taiwan, in 2024.
Photographer: Annabelle Chih/BloombergAdvanced Micro Devices Inc. Chief Executive Officer Lisa Su said her company’s latest AI processors can challenge Nvidia Corp. chips in a market she now expects to soar past $500 billion in the next three years.
The new installments in AMD’s MI350 chip series are faster than Nvidia counterparts and represent major gains over earlier versions, Su said at a company event Thursday in San Jose, California. The MI355 chips, which started shipping earlier this month, are 35 times faster than predecessors, she said.