May 30, 2024

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AMD reveals new AI chip challenging Nvidia’s dominance

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AMD reveals new AI chip challenging Nvidia’s dominance

On June 13, Advanced Micro Devices (AMD) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia.

The California-based AMD

Although AMD did not reveal specific pricing details, this action could exert downward price pressure on Nvidia’s GPUs, including models like the H100, which can carry price tags of $30,000 or more. Reduced GPU prices have the potential to contribute to lowering the overall expenses associated with running resource-intensive generative AI applications.

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