AMD Looks to Challenge Nvidia With a New Chip. Can the Stock Be the Next Big AI Chip Winner?
AMD said the new chip will begin production in Q4 and be ready for widespread shipment in early 2025. It said the chips will be available through a wide set of platform providers, including Dell, Super Micro Computer, and Hewlett Packard Enterprise, among others. Like Nvidia, AMD is moving its AI chip development cycle up to about once a year.