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 >
Airbus taps Lars Wagner as CEO of its commercial aircraft business from 2026
Airbus taps Lars Wagner as CEO of its commercial aircraft business from 2026
Jul 10, 2025
(Reuters) -Airbus said on Thursday that Lars Wagner would become the CEO of its commercial aircraft business from January 1, 2026. The current CEO of MTU Aero Engines will join the French planemaker from the start of November 2025 to ensure a smooth transition as he takes over from Christian Scherer, the company said. (Reporting by Mathias de Rozario in...
Helen of Troy Shares Fall After Company Posts Lower Fiscal Q1 Adjusted Earnings, Revenue
Helen of Troy Shares Fall After Company Posts Lower Fiscal Q1 Adjusted Earnings, Revenue
Jul 10, 2025
07:24 AM EDT, 07/10/2025 (MT Newswires) -- Helen of Troy (HELE) shares were down more than 20% premarket Thursday after the company reported lower fiscal Q1 adjusted earnings and revenue. The company posted fiscal Q1 adjusted earnings of $0.41 per diluted share, down from $0.99 a year earlier. Two analysts polled by FactSet expected $0.49. Net sales revenue for the...
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,...
Simply Good Foods Fiscal Q3 Adjusted Earnings, Sales Rise; Fiscal 2025 Revenue Outlook Updated
Simply Good Foods Fiscal Q3 Adjusted Earnings, Sales Rise; Fiscal 2025 Revenue Outlook Updated
Jul 10, 2025
07:24 AM EDT, 07/10/2025 (MT Newswires) -- Simply Good Foods ( SMPL ) reported fiscal Q3 adjusted earnings Thursday of $0.51 per diluted share, up from $0.50 a year earlier. Analysts surveyed by FactSet expected $0.50. Net sales for the quarter ended May 31 were $381 million, compared with $334.8 million a year earlier. Analysts surveyed by FactSet expected $381.7...
Copyright 2023-2026 - www.financetom.com All Rights Reserved