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.
