Advanced Micro Devices Inc Stock Price, News & Analysis

AMD has announced new accelerator and networking solutions for AI infrastructure: AMD Instinct MI325X accelerators, AMD Pensando Pollara 400 NIC, and AMD Pensando Salina DPU. The Instinct MI325X offers 256GB of HBM3E memory with 6.0TB/s bandwidth, providing 1.8X more capacity and 1.3x more bandwidth than the H200. It delivers up to 1.4X inference performance on various AI models compared to competitors.

AMD also previewed the Instinct MI350 series, promising a 35x improvement in inference performance. The Pensando Salina DPU offers 2X performance over its predecessor, while the Pollara 400 is the industry's first UEC-ready AI NIC. AMD's ROCm 6.2 software stack now includes support for FP8 datatype, Flash Attention 3, and Kernel Fusion, delivering up to 2.4X performance improvement on inference.

AMD has launched its 5th Gen AMD EPYC™ processors, codenamed 'Turin', offering world-leading performance for enterprise, AI, and cloud computing. The new processors, based on the 'Zen 5' core architecture, are compatible with the SP5 platform and offer core counts from 8 to 192. The top-of-the-line 192-core CPU delivers up to 2.7X the performance compared to competitors.

Key features include:

• Up to 17% better instructions per clock (IPC) for enterprise and cloud workloads
• Up to 37% higher IPC in AI and high-performance computing
• New 64-core AMD EPYC 9575F processor for GPU-powered AI solutions
• Significant performance improvements in real-world applications
• Support from major OEMs and cloud service providers

The processors aim to provide leadership performance and capabilities for a broad spectrum of server workloads, including AI-enablement initiatives and business-critical applications.

AMD unveiled its latest high-performance computing solutions for the AI era at Advancing AI 2024 in San Francisco. The company launched 5th Gen AMD EPYC processors, AMD Instinct MI325X accelerators, next-gen networking solutions, and AMD Ryzen AI PRO processors for enterprise AI at scale.

Key announcements include:

• New AMD EPYC 9005 Series processors with up to 192 cores
• AMD Instinct MI325X accelerators for demanding AI workloads
• Expanded high-performance networking portfolio
• AMD Ryzen AI PRO 300 Series processors for enterprise AI PCs

AMD also showcased partnerships with major tech companies and AI leaders, highlighting the deployment of AMD solutions at scale and the growth of the AMD ROCm open-source AI software ecosystem.

AMD announced that Oracle Cloud Infrastructure (OCI) has chosen AMD Instinct™ MI300X accelerators with ROCm™ open software to power its newest OCI Compute Supercluster instance, BM.GPU.MI300X.8. The OCI Supercluster with AMD MI300X supports up to 16,384 GPUs in a single cluster, designed for demanding AI workloads including large language model (LLM) inference and training.

These OCI bare metal instances have been adopted by companies like Fireworks AI. The AMD Instinct MI300X underwent extensive testing, validated by OCI, showcasing its AI inferencing and training capabilities for latency-optimal use cases and the ability to fit the largest LLM models in a single node. Fireworks AI is leveraging the performance benefits of OCI using AMD Instinct MI300X for their fast platform designed to build and deploy generative AI.

AMD has announced 'Advancing AI 2024,' an event scheduled for October 10, 2024, to showcase its next-generation Instinct accelerators and 5th Gen EPYC server processors. The event, which will be both in-person and livestreamed, will also feature updates on Networking and AI PC technologies. AMD Chair and CEO Dr. Lisa Su will be joined by executives, AI ecosystem partners, customers, and developers to discuss how AMD's products and software are reshaping the AI and high-performance computing landscape. The live stream will begin at 9:00 a.m. PT/12:00 p.m. ET and can be accessed via the AMD website and YouTube channel.

AMD (NASDAQ: AMD) has announced that its chair and CEO, Dr. Lisa Su, will be presenting at the Goldman Sachs Communacopia and Technology Conference on Monday, September 9, 2024. The presentation is scheduled for 12:25 PM PT / 3:25 PM ET.

Investors and interested parties can access a live webcast of the presentation through the AMD Investor Relations website at ir.amd.com. This event provides an opportunity for AMD to share insights and updates with the investment community, potentially discussing the company's latest technological advancements, market strategies, and financial performance.

AMD has appointed Keith Strier as senior vice president of global AI markets. With over 30 years of experience, Strier previously served as vice president of worldwide AI initiatives at NVIDIA. At AMD, he will be responsible for expanding the company's AI vision, driving new ecosystem capabilities, and accelerating strategic AI engagements globally across public and private sectors.

Strier's extensive background includes roles as the first global AI leader for EY and the first global chief digital officer for Deloitte. He sits on multiple global AI policy and advisory boards, including the U.S. National AI Advisory Committee (NAIAC). His appointment is expected to strengthen AMD's AI engagements globally and accelerate the adoption of AMD-powered solutions to meet the growing demand for AI.

AMD has released its 2023-24 Corporate Responsibility Report, highlighting progress in environmental sustainability, digital impact, diversity and inclusion, and supply chain responsibility. Key achievements include:

1. Environmental Impact: AMD reduced carbon emissions by 24.5% since 2020 and sourced 40% of energy from renewable sources. The company's chiplet architecture saved ~132,000 metric tons of CO2e in 2023.

2. Scientific Research and STEM Education: Over 150 institutions received AMD technology donations, benefiting approximately 61 million people.

3. Employee Empowerment: 92% of employees reported that AMD creates an inclusive environment. The company launched programs like Advancing Women in Tech and Hiring our Heroes.

4. Supply Chain Collaboration: 84% of AMD Manufacturing Suppliers had Responsible Business Alliance audits between 2020-2023, and 95% of suppliers attended forced labor prevention workshops.

AMD has announced that Mark Papermaster, the company's executive vice president and chief technology officer, will be presenting at the Deutsche Bank Technology Conference on Wednesday, August 28, 2024. The presentation is scheduled for 1:15 PM PT / 4:15 PM ET.

Investors and interested parties can access a live webcast of the presentation through the AMD Investor Relations website at ir.amd.com. This event provides an opportunity for AMD to showcase its technological advancements and strategic initiatives to a broad audience of industry professionals and potential investors.