According to AMD CEO Lisa Su, the new product can help technology companies choose to balance costs when providing services similar to ChatGPT.
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| AMD just launched a super AI chip to compete with NVIDIA |
“The more memory, the more the chip model can handle,” said Lisa Su. “We saw the workloads being processed faster, and that made the difference.”
However, AMD has not yet mentioned which major customers are ready to pay for the MI300X, the company's latest AI graphics super chip. In addition, they have not disclosed details about the price or how to promote sales.
AMD shares have doubled since the start of the year, hitting a 16-month high on June 13, but closed down 3.6% after the company's AI strategy presentation.
Nvidia is now the first chipmaker with a market capitalization of more than a trillion dollars, and has the power to overwhelm its competitors on a large scale. Although Intel and other startups such as Cerebras Systems and SambaNova Systems have launched some competing products, the biggest threat to Nvidia’s sales comes from Google Alphabet and Amazon’s internal chip manufacturing efforts.
In addition to the AI technology market, AMD also said it has begun shipping large shipments of its “Bergamo” central processing chips to companies like Meta Platforms.
On the same day, June 13, chip maker AMD also announced a Rocm software update to compete with Nvidia's Cuda software platform.
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