Whether or not developers take AMD’s chip on board remains to be seen. NVIDIA’s H100 AI chip costs upwards of $30,000 so it will be interesting to see if they try to compete on price by being cheaper. However, AMD hasn’t yet announced a price for the chip. Most AI applications use eight or more GPUs at one time.Īccording to AMD CEO Lisa Su, the market for data center AI accelerator chips could grow from $30 billion this year to more than $150 billion in 2027. The chips will also offer Infinity Architecture to enable using eight MI300X chips in just one system. One reason NVIDIA’s chips are so popular is that it enables developers to access the chip's core hardware features.ĪMD announced that its chip will have its own software called ROCm. For example, rival NVIDIA’s H100 AI chip has 120 GB of memory. The MI300X has a capacity of up to 192 GB of memory, meaning it can run bigger AI models than current AI chips allow. These types of chips are used to build AI programs and could be a new source of revenue for the chipmaker that is mostly known for the traditional type of computer processing chips. It is called MI300X and will start shipping late this year. Start small to understand your own risk tolerance levels or practice on a demo account first to build your knowledge before investing.Ĭhip maker AMD announced its most advanced graphic processing unit (GPU) chips for artificial intelligence (AI). Never invest more than you can afford to lose as some trades will lose and some trades will win. All trading is high risk and you can lose more than you risk on a trade.
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