First introduced in late 2023, AMD’s Radeon Instinct MI300X accelerator has made an impressive debut on Geekbench’s OpenCL benchmark. The GPU took the top spot, thrashing all rivals, including Nvidia’s RTX 4090, which it pushed down into second place. The Radeon Instinct MI300X is built on AMD’s third-generation CDNA architecture and TSMC’s advanced 5nm and […]
Tag: AMDs
Pay no attention to AMD’s horribly misleading benchmarks for its ‘new’ Ryzen 5000 XT CPUs
Remember those “new” Ryzen 5000 chips AMD launched last week alongside its actually new Ryzen 9000 CPUs? Turns out the benchmarks AMD provided for them are horribly misleading. YouTube channel Hardware Unboxed spotted that something was a bit rotten in the Denmark of the Ryzen 7 5800XT and Ryzen 9 5900XT gaming numbers AMD put […]
Intel fires back at AMD’s AI benchmarks, shares results claiming current-gen Xeon chips are faster at AI than AMD’s next-gen 128-core EPYC Turin
Intel is firing back at AMD’s recent AI benchmarks that it shared during its Computex keynote that claimed AMD’s Zen 5-based EPYC Turin is 5.4 times faster than Intel’s Xeon chips in AI workloads. Intel penned a blog today highlighting the performance of its current-gen Xeon processors in its own benchmarks, claiming that its fifth-gen […]
Lisa Su says AMD is on track to a 100x power efficiency improvement by 2027 — CEO outlines AMD’s advances during keynote at imec’s ITF World 2024
AMD CEO Lisa Su attended imec’s ITF World 2024 conference to accept the prestigious imec Innovation Award for innovation and industry leadership, joining the ranks of other previous honorees like Gordon Moore, Morris Chang, and Bill Gates. After accepting the award, Su launched into her presentation covering the steps that AMD has taken to meet […]
Microsoft to offer cloud customers AMD’s AI chips as an alternative to Nvidia processors
SAN FRANCISCO (Reuters) — Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week. It will also launch a preview of new Cobalt 100 custom processors […]
Could the Next Catalyst for Nvidia and AMD’s Artificial Intelligence (AI) Chips Be This Trillion-Dollar Company?
In today’s video, I discuss recent updates affecting Apple (NASDAQ: AAPL), Advanced Micro Devices (NASDAQ: AMD), and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Feb. 29, 2024. The video was published on March 1, […]
Why AMD’s Stock Price Continues to Hit New Highs — Could This Be the Top Artificial Intelligence (AI) Stock of 2024?
In today’s video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Feb. 29, 2024. The video was published on Feb. 29, 2024. Where to […]
AMD’s Market Value Tops $300 Billion on Wave of AI-Fueled Rally
(Bloomberg) — Advanced Micro Devices Inc. shares jumped Thursday, with the chipmaker extending a surge to hit its latest in a series of fresh records this year. Most Read from Bloomberg The stock rose as much as 7.9%, a climb that has put the company’s market capitalization on track to close above $300 billion for […]
Is AMD’s Upgraded 2024 AI Guidance a Reason to Buy the Stock?
Share prices of Advanced Micro Devices (NASDAQ: AMD) soared in anticipation of a second wave of artificial intelligence (AI) spending in 2024. The chipmaker actually provided cautious overall guidance in its fourth-quarter earnings report, but investors are narrowing their focus to the news about the company’s new Instinct MI300 chips. And perhaps for good reason. […]
2 Key Things From AMD’s Earnings Call That Investors Should Know
On Tuesday afternoon, Advanced Micro Devices (NASDAQ: AMD) released its fourth-quarter 2023 report. The chipmaker’s quarterly results didn’t contain any notable surprises, but its first-quarter 2024 revenue guidance was lighter than Wall Street had been expecting. That led to investors driving shares down 2.5% on Wednesday. That stock drop probably would have been steeper had […]
Why Microsoft, Google, and AMD’s stocks are getting hit after big quarters
When you are a stock priced for greatness but only deliver a super good earnings report…sometimes investors will get in a huff. Such is the case with the initial crop of earnings from tech behemoths Microsoft (MSFT), Advanced Micro Devices (AMD), and Alphabet (GOOG, GOOGL). The three stocks (with a combined market cap of $5.2 […]
AMD’s Weak Forecast Overshadows Prospects for AI Chips
(Bloomberg) — Advanced Micro Devices Inc. declined in late trading after giving a weak revenue forecast, even as the chipmaker predicted that new artificial intelligence processors would generate more money than expected this year. Most Read from Bloomberg First-quarter revenue will be about $5.4 billion, the company said in a statement Tuesday. That was well […]