2024-06-05 12:20:00 ET
Advanced Micro Devices (AMD) (NASDAQ: AMD ) has fired its latest salvo in the battle for dominance in the artificial intelligence (AI) chip market, unveiling its newest processors at the Computex trade show in Taiwan.
Led by CEO Lisa Su, AMD introduced the MI325X accelerator, slated for release in this year's fourth quarter.
Reuters notes in a Monday (June 3) article that AMD is looking to challenge NVIDIA (NASDAQ: NVDA ), which is the current leader of the AI semiconductor market at 80 percent. The sector is quickly gaining importance as AI applications grow.
For further details see:
AMD, Intel Take on NVIDIA with Launch of New AI Chips