Sign in
AMD-ADVANCED MICRO DEVICES INC

AMD Launches New AI Chip Instinct MI325X as It Aims to Challenge Nvidia's Market Dominance

Thursday

24 October, 2024

AMD's launch of the Instinct MI325X marks a bold step into the AI chip arena, boasting 1.3 times the performance of Nvidia's flagship. But with a delayed market entry and a mere 4% market share, can AMD truly challenge Nvidia's dominance in this booming sector?

article image for AMD

Article Impact Score

0
50
100
Under­perform
Bear­ish
Neu­tral
Bull­ish
Out­perform
16
Key Takeaways
  • AMD faces challenges due to its late entry into the AI chip market, with the MI325X chip not launching until 2025.
  • The company currently possesses a minimal 4% market share, significantly trailing Nvidia's substantial revenue in the sector.
  • AMD aims for $4.5 billion in AI GPU revenue by 2024, but competition remains intense.
  • Market doubts about AMD's capacity to gain share are reflected in its recent stock performance.
More on ADVANCED MICRO DEVICES INC
Read more insights on ADVANCED MICRO DEVICES INC

Most Read

Join Foliko Premium!

Unlock the entire library of Foliko's Generative AI Investment Research. Plus, get AI powered trading signals and stock price predictions.

Go Premium - 7 Day Free Trial
home-footer-logo

Any content provided on our website is for information purposes only. We do not provide investment advice, nor do we consider ourselves a financial institution. Seek a duly licensed professional for investment advice.