Advanced Micro Devices (AMD) made significant strides in the field of artificial intelligence (AI) during the COMPUTEX 2024 event held in Taiwan. Led by its CEO, Lisa Su, the company unveiled its latest AI processor, the MI325X accelerator, on June 3rd. This cutting-edge chip is slated for release in the fourth quarter of 2024. Alongside the MI325X, AMD also introduced the MI350 series, based on a new chip architecture, set to hit the market in 2025.
In a bid to challenge its competitor NVIDIA’s dominance in the AI semiconductor market, AMD outlined its plans to develop AI chips over the next two years. The MI350 series, compared to its predecessors in the MI300 series, is expected to deliver a 35x improvement in inference performance, a crucial metric for calculating generative AI responses. Moreover, AMD revealed its roadmap for the MI400 series, scheduled for a 2026 launch, which will be based on a next-generation architecture dubbed “Next.”
AMD’s strategic move aligns with the growing demand for high-end chips capable of powering AI data centers. NVIDIA, with its significant market share in the AI semiconductor space, has announced plans to accelerate its release cycle to annually, prompting AMD to follow suit. Lisa Su emphasized that AI is a top priority for AMD, with the company dedicating its development efforts to meet market demands for new products and features.
Furthermore, AMD provided insights into the architecture of its new Neural Processing Units (NPUs), designed to handle AI tasks within AI PCs. These advancements are expected to drive growth in the PC market, which has experienced stagnation in recent years. AMD’s processors have already surpassed Microsoft’s Co-Pilot Plus PC requirements, paving the way for partnerships with PC providers like HP and Lenovo.
Investors responded positively to AMD’s announcements, with the company’s stock rising by 1.4%. Lisa Su’s optimistic forecast in April projected AI chip sales in 2024 to exceed previous estimates by $500 million, reaching approximately $4 billion. As AMD continues to innovate in the AI space, its advancements are poised to reshape the semiconductor landscape and fuel the next wave of technological innovation.