AMD's AI Chip Products Gain Traction in Market
TL;DR Summary
AMD has unveiled its latest semiconductor and data center products optimized for artificial intelligence (AI), including its fourth-generation Epyc central processing units and a new AI accelerator chip series. The chipmaker is hoping to take on market leader Nvidia in the AI space and is positioning itself to take advantage of the $150bn total addressable market opportunity in the data center market by 2027. At least 12 Wall Street firms raised their price targets on AMD stock after the company's presentation.
- AMD Stock Rises On New AI Chip Products | Investor's Business Daily Investor's Business Daily
- AMD closes higher, AWS reportedly considers using its AI chips Yahoo Finance
- AMD confirms AI “superchip" takes on Nvidia Fox Business
- AMD CEO Lisa Su: We will start production on next gen A.I. chip by the end of the year CNBC Television
- AMD's new A.I. chip won't be enough to knock Nvidia off its throne CNBC
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