financetom
Business
financetom
/
Business
/
Update: Advanced Micro Devices Launches AI-Focused High-Performance Computing Chips
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Advanced Micro Devices Launches AI-Focused High-Performance Computing Chips
Oct 10, 2024 11:27 PM

03:44 PM EDT, 10/10/2024 (MT Newswires) -- (Updates with additional details in the first, fourth, fifth, sixth and seventh paragraphs.)

Advanced Micro Devices ( AMD ) on Thursday introduced new high-performance computing systems, including EPYC CPUs, Instinct accelerators, Pensando DPUs and Ryzen AI PRO 300 processors that will cater to the growing artificial intelligence demand and workflows.

"AMD Instinct MI325X accelerators are designed for exceptional performance and efficiency for demanding AI tasks spanning foundation model training, fine-tuning and inferencing," the company said.

Production shipments of the accelerators are on track for Q4 and "are expected to have widespread system availability from a broad set of platform providers," including Dell Technologies ( DELL ) , Hewlett Packard Enterprise ( HPE ) , Lenovo, Supermicro (SMCI), Eviden, Gigabyte, among others starting in Q1 2025, the company said.

Google ( GOOG ) said it plans to launch EPYC 9005 series-based virtual machines in early 2025, while Oracle Cloud Infrastructure (ORCL) said it uses AMD's CPUs, accelerators and DPUs to power its energy-efficient infrastructure for customers like Uber ( UBER ) and PayPal.

Microsoft ( MSFT ) said it is collaborating with AMD for its Azure infrastructure, using MI300X for GPT workloads, and plans to adopt future MI350 accelerators.

Meta (META) revealed that it relies on AMD EPYC CPUs and Instinct accelerators for its AI deployments, with MI300X handling all live traffic on Llama 405B.

AMD said its Ryzen AI PRO 300 Series processors target Microsoft Windows and its Copilot+ laptops to support offline AI computations.

Price: 162.47, Change: -8.55, Percent Change: -5.00

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 >
HighPeak Q4 EPS, Revenue Fall Below Expectations
HighPeak Q4 EPS, Revenue Fall Below Expectations
Mar 10, 2025
04:45 PM EDT, 03/10/2025 (MT Newswires) -- HighPeak Energy ( HPK ) late Monday reported Q4 net income of $0.06 per diluted share, compared with $0.66 a year earlier. One analyst polled by FactSet expected $0.20. Operating revenue for the quarter ended Dec. 31 was $234.8 million, compared with $301.2 million a year earlier. Four analysts expected $251.7 million. Shares...
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
Mar 10, 2025
March 10 (Reuters) - Oracle CEO Safra Catz said that the company's large sales backlog will help drive 15% growth in its revenue next fiscal year, surpassing analysts' current estimates as it expands its artificial intelligence cloud services. Analysts expect revenue growth for its fiscal 2026 to be 12.6%, according to data compiled by LSEG. Shares of the Austin, Texas-based...
Coherus BioSciences Q4 Net Loss Narrows, Revenue Declines
Coherus BioSciences Q4 Net Loss Narrows, Revenue Declines
Mar 10, 2025
04:46 PM EDT, 03/10/2025 (MT Newswires) -- Coherus BioSciences ( CHRS ) reported a Q4 non-GAAP net loss late Monday of $0.28 per diluted share, narrowing from a loss of $0.62 a year earlier. Analysts surveyed by FactSet expected a loss of $0.19. Total revenue for the quarter ended Dec. 31 was $54.1 million down from $91.5 million a year...
Alaris Equity Partners Income Trust Posts Lower Q4 Profit Even As It Beat Its Outlook On Revs; Plays Down Tariffs Impact
Alaris Equity Partners Income Trust Posts Lower Q4 Profit Even As It Beat Its Outlook On Revs; Plays Down Tariffs Impact
Mar 10, 2025
04:48 PM EDT, 03/10/2025 (MT Newswires) -- Alaris Equity Partners Income Trust (AD-UN.TO), after trade Monday, said its fourth-quarter profit fell by more than half compared to a year earlier, primarily due to the timing of net gains from Partner investments, but it beat its outlook on revenue for the period and said it is well positioned to withstand the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved