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AMD’s big plans

June 04, 2024
Scott Nover
AMD chairman and CEO Lisa Su delivers the first AI keynote speech in Computex in Taipei on June 3, 2024.
AMD chairman and CEO Lisa Su delivers the first AI keynote speech in Computex in Taipei on June 3, 2024.
(Jameson Wu/EYEPRESS)

AMD has big plans to challenge Nvidia’s dominance in the AI chip market. At a trade show in Taipei on June 3, AMD unveiled its MI325X accelerator chip, which will be available by the fourth quarter of the year. It also stated plans to launch two additional chips, one in 2025 and one in 2026.

Nvidia dominates the chip market with about 70% market share, but AMD along with Intel and other chipmakers, want to make a dent in their rival’s sales. Meanwhile, reports suggest that Meta and Google are building their own chips while OpenAI chief Sam Altman is trying to raise money for a chip venture of his own.

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Republican U.S. Representative Matt Gaetz speaks at a campaign rally for Republican presidential nominee and former U.S. President Donald Trump in Henderson, Nevada U.S. October 31, 2024.
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Accompanied by tugs, the LNG tanker "Hellas Diana" transports a cargo of LNG to the "Deutsche Ostsee" energy terminal.
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