TL;DRAMD launched MI455X chips, Helios racks, and Venice Epyc CPUs at Advancing AI, with OpenAI and Cerebras pledging to deploy the hardware at scale
AMD unveiled a suite of new data centre products at its Advancing AI event in San Francisco on Thursday, claiming they will outperform Nvidia’s competing hardware across AI training and inference. The announcements included the MI455X AI accelerator, the Helios server rack that packs 72 of those chips into a single system, and the Venice generation of Epyc server processors built on TSMC’s two-nanometre process. AMD predicted the total market it is pursuing will reach $2 trillion by 2030, with AI accelerators alone accounting for more than a trillion dollars of that figure.
Investors were unimpressed, sending AMD shares down about four percent during the presentation despite the stock having more than doubled in value this year. The scepticism reflects the gap between AMD’s ambitions and Nvidia’s dominance: Nvidia’s Vera Rubin platform is already in full production and shipping to customers including OpenAI, CoreWeave, and Microsoft. AMD CEO Lisa Su has delivered a remarkable growth run, but Wall Street’s expectations were already baked into a stock that had risen roughly 145 percent year to date heading into the event.
