AMD challenges Nvidia with new generation of AI chips

  • Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) has stepped up competition with Nvidia Corp (NASDAQ:NVDA, ETR:NVD), unveiling its latest MI350 AI processors and previewing the advanced MI400 series at its recent Advancing AI event. The new MI350X and MI355X chips promise four times the computing performance and a significant boost in inferencing capabilities compared to previous models.