AMD says that it plans to launch its subsequent main knowledge middle GPUs, the AMD Intuition MI350 collection, prior to initially introduced.
Throughout the firm’s This fall 2024 earnings name Tuesday, AMD CEO Lisa Su stated AMD plans to pattern the MI350 with “lead prospects” this quarter and “speed up” manufacturing shipments to “mid-year.”
“So, we had beforehand acknowledged that we thought we might launch [the MI350] within the second half of [2025],” Su stated. “And admittedly, that bring-up has come up higher than we anticipated, and there’s very sturdy buyer demand, so we are literally going to drag that manufacturing ramp into the center of the yr, which improves our relative competitiveness.”
AMD’s knowledge middle income pales compared to rival Nvidia’s, which commonly eclipses tens of billions of {dollars} per quarter. However AMD has gained floor within the final yr, buying and retaining prospects, together with Meta, Microsoft, and IBM.
AMD says that gross sales of AMD Intuition chips reached over $5 billion in 2024, and the corporate expects its knowledge middle section to develop “double digits” in 2025. Final yr, knowledge middle income made up round half ($3.9 billion) of AMD’s total income ($7.1 billion), the corporate reported on Tuesday.
“I consider that the demand for AI compute is robust,” Su continued. “[MI350] shall be a catalyst for the information middle GPU enterprise … We see [the data center] enterprise rising to tens of billions as we undergo the following couple of years.”
Traders appeared typically happy with AMD’s fourth-quarter outcomes. The corporate’s inventory was up 4.58% as of publish time.
