financetom
Business
financetom
/
Business
/
Advanced Micro Devices CEO Lisa Su Showcases New AI Chip Series
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Advanced Micro Devices CEO Lisa Su Showcases New AI Chip Series
Jun 12, 2025 1:13 PM

03:51 PM EDT, 06/12/2025 (MT Newswires) -- Advanced Micro Devices ( AMD ) said Thursday CEO Lisa Su showcased the Instinct MI350 and MI400 series graphics processing units at the chipmaker's Advancing AI event.

The MI350 series, comprising MI350X and MI355X artificial intelligence chips and platforms for high-performance computing, are said to be 35 times faster than their predecessors in inferencing, a process that a machine learning model uses to draw conclusions from brand-new data, according to the company.

The MI350 AI chip series also surpassed the company's five-year target of improving the energy efficiency of AI training, the company said.

AMD also previewed a next-generation AI rack called Helios, which will be built on the MI400 Series GPUs, and is expected to deliver 10 times more performance running inference relative to the previous generation, it said.

Shares were down 2.2% in recent trading.

Price: 118.49, Change: -2.65, Percent Change: -2.19

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intouch Insight Closes Acquisition of ClearPoint Solutions U.S. Assets
Intouch Insight Closes Acquisition of ClearPoint Solutions U.S. Assets
Jul 4, 2025
07:16 AM EDT, 07/04/2025 (MT Newswires) -- Intouch Insight ( INXSF ) , at the low-end of its 52-week trading range, overnight Thursday closed the acquisition of the assets of ClearPoint Solutions U.S., a merchandising company specializing in in-store services such as merchandising and re-branding. The deal was for nearly US$250,000 in cash. On July 3, Sam Hersey, the former...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
EU sticks with timeline for AI rules
EU sticks with timeline for AI rules
Jul 4, 2025
BRUSSELS, July 4 (Reuters) - The European Union's landmark rules on artificial intelligence will be rolled out according to the legal timeline in the legislation, the European Commission said on Friday, dismissing calls from some companies and countries for a pause. Google owner Alphabet, Facebook owner Meta and other U.S. companies as well as European businesses such as Mistral and...
Red White & Bloom Brands Provides Update on Status of Annual Filings
Red White & Bloom Brands Provides Update on Status of Annual Filings
Jul 4, 2025
07:22 AM EDT, 07/04/2025 (MT Newswires) -- Red White & Bloom Brands (RWB.CN) late on Thursday provided an update on the management cease trade order issued by the British Columbia Securities Commission following a delay in the filing of its audited financial statements and related management's discussion and analysis for the 2024 fiscal year, and interim filings for the period...
Copyright 2023-2026 - www.financetom.com All Rights Reserved