Advanced Micro Devices Inc Stock Price, News & Analysis

At Computex 2024, AMD (NASDAQ: AMD) introduced an expanded roadmap for its AMD Instinct accelerator family. The new roadmap includes the AMD Instinct MI325X, available in Q4 2024, featuring up to 288GB of HBM3E memory. The subsequent AMD Instinct MI350 series, based on AMD CDNA 4 architecture, will be available in 2025 with a 35x AI inference performance increase over its predecessor. AMD also previewed the MI400 series, expected in 2026, built on the AMD CDNA 'Next' architecture. These updates aim to meet the growing demand for AI compute in data centers. Key partners like Microsoft Azure, Meta, and Dell Technologies are already utilizing AMD's current MI300X accelerators. AMD's ROCm 6 software stack continues to enhance performance for popular AI models, showcasing 1.3x better inference performance and token generation compared to competitors.

At Computex 2024, AMD introduced several advancements in AI and high-performance computing.

The new AMD Instinct MI325X accelerators, featuring 288GB HBM3E memory, will be available in Q4 2024, extending AMD's AI performance leadership. AMD also previewed its 5th Gen EPYC processors, targeting a 2H 2024 release.

AMD revealed the Ryzen AI 300 Series for laptops and the Ryzen 9000 Series for desktops, both promising superior performance for PCs. Microsoft, HP, Lenovo, and Asus showcased new AI-powered products using these processors.

AMD also unveiled the AMD Versal AI Edge Gen 2 devices for edge AI applications, highlighting collaborations with companies like Subaru and Canon.

AMD (NASDAQ: AMD) announced that Chair and CEO Dr. Lisa Su will deliver the opening keynote at COMPUTEX 2024, scheduled from June 4-7 in Taipei, Taiwan. The keynote, titled “The future of high-performance computing in the AI era,” will occur on June 3 at 9.30 a.m. Taipei Local Time / June 2 at 9.30 p.m. ET. Dr. Su, along with partners and customers, will discuss AMD’s advancements in AI and high-performance computing across data centers, edge, and end-user devices. The event can be watched live on the Computex platform and AMD’s YouTube channel, with replays available post-event.

AMD has announced that its Instinct MI300X accelerators are powering the new Microsoft Azure ND MI300X V5 virtual machines (VMs), now generally available. Hugging Face is the first customer to utilize these VMs, which promise significant performance and efficiency for AI workloads, particularly GPT models.

Microsoft is leveraging AMD's solutions, including the MI300X accelerators and ROCm software, to provide a competitive price/performance ratio. The new VMs are available in the Canada Central region, supporting Azure AI Production workloads and enabling customers to run large models with enhanced efficiency.

Additionally, AMD's Alveo MA35D media accelerators are being used for Microsoft's video services, offering high channel density, energy efficiency, and low latency. These developments underscore a deepening collaboration between AMD and Microsoft, aimed at advancing AI and video processing capabilities.

AMD has announced the AMD EPYC 4004 Series processors, expanding its server CPU portfolio with cost-efficient, high-performance options for small and medium businesses (SMBs). The new CPUs, based on the 'Zen 4' architecture, deliver significant gains in performance and efficiency, with a notable 1.8x performance per dollar improvement over Intel Xeon E-2488 CPUs. The series includes various models, suitable for different business needs, with prices ranging from $149 to $699. The new processors are supported by major partners including Lenovo, Supermicro, and OVHcloud, aiming to provide flexible, scalable, and secure solutions for growing businesses.

AMD announced upcoming events for the financial community. Executives will present at three key conferences: Jean Hu, EVP, CFO, and Treasurer, will speak at the J.P. Morgan Global Technology, Media and Communications Conference on May 21 at 12:45 PM PDT. Mark Papermaster, EVP and CTO, will present at the TD Cowen Technology, Media and Telecom Conference on May 29 at 9:05 AM PDT. Jean Hu will also present at the Bank of America Global Technology Conference on June 5 at 8:40 AM PDT. Webcasts of these presentations will be available on AMD's Investor Relations website.

AMD continues to be the preferred partner for high-performance computing deployments, with 156 supercomputers powered by AMD on the latest Top500 list, marking a 29% increase from the previous year. The company showcased its leadership in high-performance computing at ISC High Performance 2024, highlighting the Frontier supercomputer as the fastest in the world. AMD also introduced the Alveo V80 compute accelerator card, offering up to 2X increase in HBM bandwidth for HPC and compute-intensive workloads.

AMD received the 2024 Corporate Innovation Award from IEEE for pioneering chiplet architecture designs, enhancing processor performance and efficiency. The company's chiplet-based designs have significantly improved computing performance and efficiency, driving innovation in high-performance computing and artificial intelligence.

AMD announced that Optiver, a global market maker trading on 100+ exchanges, is leveraging a range of high-performance AMD solutions to modernize its data center and enhance financial market operations. By using AMD EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs, and Alveo Accelerators, Optiver aims to improve speed, efficiency, and scalability in its systems. The collaboration demonstrates AMD's commitment to providing commercial customers with cutting-edge compute engines to address present and future challenges.