⏺A new development is graphics processing units for data centers, known as GPUs. Production of the Instinct MI325X, as the #chip is called, will begin before the end of 2024. If developers and cloud giants view AMD's AI chips as close replacements for #Nvidia 's products, it could put pricing pressure on the latter, whose #GPUs were in high demand last year.

⏺Advanced generative AI such as OpenAI's ChatGPT requires huge data centers equipped with GPUs to perform the necessary processing, which has led to increased demand for AI chips from more companies.

⏺Nvidia has dominated most of the data center GPU markets over the past few years, but AMD has historically been in second place. Now #AMD is aiming to ta inke share from its Silicon Valley rival, or at least grab a larger slice of a market it says will be worth $500 billion by 2028.

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