AMD reveals new AI chip challenging Nvidia’s dominance By Cointelegraph

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On June 13, Advanced Micro Devices (NASDAQ:) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia (NASDAQ:).

The California-based AMD said its most-advanced graphics processing unit (GPU) for AI, the M1300X, will start trickling out in the third quarter of 2023, with mass production beginning in the fourth quarter.

Screenshot of AMD CEO Lisa Su speaking at an event outlining its AMD AI accelerator chip in San Francisco. Source: YouTube