Headline : AMD launches AI chip to rival Nvidias Blackwell

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AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia's data center graphics processors, known as GPUs.

The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD's AI chips are seen by developers and cloud giants as a close substitute for Nvidia's products, it could put pricing pressure on Nvidia, which has enjoyed roughly 75% gross margins while its GPUs have been in high demand over the past year.

Advanced generative AI such as OpenAI's ChatGPT requires massive data centers full of GPUs in order to do the necessary processing, which has created demand for more companies to provide AI chips.

In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. Now, AMD is aiming to take share from its Silicon Valley rival or at least to capture a big chunk of the market, which it says will be worth $500 billion by 2028.

Read more from the original article on here at www.cnbc.com.

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