AMD chief executive to unveil new AI chips

Advanced Micro Devices CEO Lisa Su is expected to take the stage on Thursday at a company event in San Jose, California, to discuss the company's plans for the artificial intelligence chips and systems it designs.

AMD has struggled to siphon off a portion of the quickly growing market for artificial intelligence chips from the dominant Nvidia. But the company has made a concerted effort to improve its software and produce a line of chips that rival Nvidia's performance.

During Su's speech, which is set to begin at 9:30 am local time (1630 GMT), the CEO is expected to detail the company's forthcoming MI400 series of AI chips, set to launch next year. AMD has said it will match the annual release schedule that Nvidia began with its Blackwell series of chips.


Thursday's event, called "Advancing AI," will focus on AMD's data center chips and other hardware. AMD completed the acquisition of server builder ZT Systems in March. As a result, AMD is expected to launch new complete AI systems, similar to several of the server-rack-sized products Nvidia produces.

Santa Clara, California-based AMD has made a series of small acquisitions in recent weeks and has added talent to its chip design and AI software teams.

Last week, AMD hired the team from chip startup Untether AI. On Wednesday AMD said it had hired several employees from generative AI startup Lamini, including the co-founder and CEO.

AMD's software called ROCm has struggled to gain traction against Nvidia's CUDA, which is seen by some industry insiders as a key part of protecting the company's dominance. When AMD reported earnings in May, Su said that despite increasingly aggressive curbs on AI chip exports to China, AMD still expected strong double-digit growth from AI chips.