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AMD Launches AI Chip To Rival Nvidia's Blackwell
AMD is launching a new chip to rival Nvidia's upcoming Blackwell chips, which Nvidia called the "world's most powerful chip" for AI when unveiled earlier this year. CNBC reports: The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an ev...
If AMD's AI chips are seen by developers and cloud giants as a close substitute for Nvidia's products, it could put pricing pressure on Nvidia, which has enjoyed roughly 75% gross margins while its GPUs have been in high demand over the past year. In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. Now, AMD is aiming to take share from its Silicon Valley rival or at least to capture a big chunk of the market, which it says will be worth $500 billion by 2028.
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