AMD has set a sales target of $4bn for this year for the AI accelerator solutions. Credit: JHVEPhoto/Shutterstock.com

Advanced Micro Devices (AMD) is accelerating the release of new artificial intelligence (AI) processors in a bid to challenge NVIDIA‘s strong market position.  

AMD CEO Lisa Su, during the Computex conference in Taiwan, said that the MI325X AI accelerator – the successor to the MI300- will be available in the fourth quarter. 

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This new chip promises enhanced memory capacity and improved data throughput. 

Following the MI325X, AMD plans to introduce the MI350 in 2025 and the MI400 in 2026.  

These products are part of AMD’s strategy to capture a share of the investments flowing into AI training systems, a market currently dominated by Nvidia, reported Bloomberg.  

Despite the intense competition, Su expressed confidence in the demand for AMD’s existing MI300 products and the competitive edge of the upcoming models. 

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AMD, headquartered in Santa Clara, has set a sales target of $4bn for this year for the AI accelerator solutions.  

This ambitious goal marks a sharp increase from the previous year’s figures, yet it still falls short of Nvidia’s data centre unit, which is projected to surpass $100bn in annual sales, exceeding the combined revenues of AMD and Intel. 

In addition to AI chips for enterprise solutions, AMD also discussed its third-generation Ryzen AI processors for consumers.  

Named Strix Point, these processors are designed for laptops and will be available from July.  

They feature a combination of RDNA 3.5 mobile graphics, XDNA 2 neural processing units, and the latest Zen 5 processing cores, aiming to outperform Qualcomm‘s Snapdragon X Elite in AI tasks. 

In addition, AMD showcased new gaming processors for laptops and desktops, with the company claiming that the Ryzen 9 9950X chip is the “the fastest consumer CPU in the world,” capable of speeds up to 5.7GHz in boost mode.