Advanced Micro Devices on Tuesday is expected to reveal new details about an AI 'superchip' that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market.AMD Chief Executive Lisa Su will give a keynote address at an event in San Fran
Advanced Micro Devices on Tuesday is expected to reveal new details about an AI"superchip" that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market.
Nvidia dominates the AI computing market with 80 per cent to 95 per cent of market share, according to analysts. Last month, Nvidia's market capitalization briefly touched $1 trillion after the company said it expected a jump in revenue after it secured new chip supplies to meet surging demand. AMD's new chip won't change that right away. Su told investors during an earnings call last month that the MI300 will start generating sales in the fourth quarter, but"will be more meaningful in 2024."
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