Investing.com — Advanced Micro Devices detailed plans Thursday to ramp up production of its new artificial intelligence M1325X chip starting in the fourth quarter, as the chipmaker looks to take on Nvidia (NASDAQ:) and take advantage of a increasing wave of entrepreneurial spending on AI-related hardware.
The MI325X chip, which is powered by the same architecture as the MI300X, features a new variation of memory that will accelerate AI-related tasks, AMD said at its AI event in San Francisco.
Suppliers including Super Micro Computer (NASDAQ:) are expected to start shipping AMD’s new AI chip, which the chipmaker hopes will help it compete with Nvidia’s Blackwell AI chips, to customers in the first quarter of 2025.
Looking ahead to the second half of next year, AMD said it plans to launch its next-generation MI2350 chips that will be more powerful than the MI325 series chips as performance will be improved through more memory and a new architecture.
The company also launched a new version of its server chip, previously codenamed Turin.
However, shares of Advanced Micro Devices Inc (NASDAQ:) failed to pare losses and recently fell more than 3%.
