advanced micro devices

AMD Aims to Ramp Up AI Chip Production for Release by Q4, Raises Q3 Forecast to $5.7 Billion

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[ad_1] Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial intelligence chips that could compete with Nvidia semiconductors. AMD shares rose about 3 percent in after-hours trading. CEO Lisa Su said AMD is set to ramp up production of its flagship MI300 artificial intelligence chips … Read more

Amazon Web Services May Use New AMD AI Chips

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[ad_1] Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices, though it has not made a final decision, an AWS executive told Reuters. The remarks came during an AMD event where the chip company outlined its strategy for the AI market, which is dominated … Read more