AI
AMD attacks NVIDIA: New AI chips introduced at Computex 2024
At Computex, AMD presents new products – announces an attack on NVIDIA's dominance in the AI segment.
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At Computex 2024 in Taipei, the US semiconductor manufacturer AMD presented new products aimed at challenging NVIDIA's dominance in the AI segment. The computer fair, which opened on Sunday, attracts numerous prominent participants, including NVIDIA, QUALCOMM, and Intel.
In a keynote, AMD introduced a series of AI chips. The flagship product, the MI325X, is expected to be available later this year and will be launched in the fourth quarter. Additionally, AMD announced a new version of its Ryzen CPUs, specifically optimized for AI development on laptops and desktops.
With the MI350 series, AMD plans to compete with market leader NVIDIA and its Blackwell chip. This new AI chip series is expected to be available starting in 2025 and is characterized by high memory capacity. Looking ahead to 2026, a significant architectural upgrade is planned, introducing a new generation of chips. However, AMD has remained reserved about the details of this upgrade.
Also NVIDIA used Computex to present new AI chips.
NVIDIA remains the dominant player in the AI chip market with around 80 percent market share, which is also reflected in a massive rise in NVIDIA's stock price. Whether AMD can pose serious competition with its new products remains to be seen.
Certainly! Here's the translation of the heading to English:
"Both in the market and on the stock exchange, AMD is currently far behind NVIDIA. While NVIDIA's shares have increased by nearly 179 percent since the beginning of the year, AMD's shares have only increased by around 42 percent. The market capitalization of the two companies also shows a significant difference: NVIDIA is valued at 1.7 trillion USD on the stock exchange, whereas AMD reaches only a fraction of it with around 270 billion USD.
On Monday, AMD shares temporarily dropped by 2.53 percent in NASDAQ trading, falling to $162.69. NVIDIA shares, on the other hand, rose by 3.90 percent to $1,139.12.