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AMD chairman and CEO Lisa Su delivers the first AI keynote speech in Computex in Taipei on June 3, 2024.

(Jameson Wu/EYEPRESS)

AMD’s big plans

AMD has big plans to challenge Nvidia’s dominance in the AI chip market. At a trade show in Taipei on June 3, AMD unveiled its MI325X accelerator chip, which will be available by the fourth quarter of the year. It also stated plans to launch two additional chips, one in 2025 and one in 2026.

Nvidia dominates the chip market with about 70% market share, but AMD along with Intel and other chipmakers, want to make a dent in their rival’s sales. Meanwhile, reports suggest that Meta and Google are building their own chips while OpenAI chief Sam Altman is trying to raise money for a chip venture of his own.

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

REUTERS/Florence Lo/Illustration

The great chip divide

The chip industry is surging on the back of insatiable demand for artificial intelligence. While AMD and NVIDIA have doubled and tripled their stock prices respectively in a single year, there’s reason to believe that AI’s rising tide isn’t lifting all ships.

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