AMD Unveils New Chip for Corporate Data Centers, Talks Up Demand

Advanced Micro Devices Inc., aiming to make a dent in Nvidia Corp.’s stranglehold on the AI hardware market, announced a new chip for corporate data center use and talked up the attributes of a future generation of products for that market.

The company is adding a new model to its current lineup – one called the MI440X – for use in smaller corporate data centers where customers can deploy local hardware and keep data inside their own facilities. The announcement came as part of a keynote at the CES trade show, where Chief Executive Officer Lisa Su also touted AMD’s top-of-the-line MI455X, saying systems based on that chip are a leap forward in the capabilities on offer.