AMD specific news
Chipmaker AMD beats estimates for third quarter revenueedit
Advanced Micro Devices beat analyst estimates for third quarter revenue on Tuesday, betting on strong demand for its high priced AI data center chips as businesses rush to adopt generative artificial intelligence technology
Publication: The Print
AMD Ryzen 7 9800X3D Price, Specs Leak Suggest Surprising Performanceedit
The specifications and early pricing for AMD s highly anticipated Ryzen 7 9800X3D processor have been leaked online by retailers and they paint an exciting picture of AMD s next 3D VCache processor that many expect will arrive on November 7th.
Publication: Forbes
This is the strongest PC portfolio we’ve had : AMD schedules next gen GPUs for early 2025edit
AMD will launch its next gen PC GPUs with RDNA 5 technology in early 2025, AMD chief executive Dr. Lisa Su said Tuesday. They will be part of what she called the strongest PC portfolio in the company s history. Su delivered the roadmap update during prepared remarks to analysts, describing the company s results during the third quarter of 2024.
Publication: PC World
OpenAI builds first chip with Broadcom, TSMC; scales back foundry ambitionedit
OpenAI is working with Broadcom and TSMC to build its first inhouse chip designed to support its artificial intelligence systems, while adding AMD chips alongside Nvidia chips to meet its surging infrastructure demands, sources told Reuters OpenAI, the fast-growing company behind ChatGPT, has examined a range of options to diversify chip supply and reduce costs
Publication: Business Standard
AMD shares tumble after AI chip growth fails to inspire investorsedit
AMD is playing catchup with Nvidia Corp in the lucrative market for these chips, which help develop and run AI services The company is now generating billions of dollars from that type of product a rapid rise from a year ago but the level remains well short of the tens of billions of dollars that its rival is raking in.
Publication: CNBC TV18
AMD revenue forecast and AI chip sales fails to impress Wall Streetedit
AMD stock slid nearly 7% in extended trading, erasing most of the 8% gain in the last three trading days and much of the more than 10% gained this year.
Publication: Reuters
AMD Earnings: Shares Tumble As Semiconductor Giant Narrowly Beat Expectations On Record Data Center Revenueedit
AMD reported $0.92 earnings per share and $6.8 in revenue in the third quarter of 2024, meeting analyst consensus estimates of $0.92 and $6.7 billion, respectively, according to FactSet.
Publication: Forbes
AMD Boosts Instinct GPU Sales Forecast Again Due To High AI Demandedit
AMD CEO Lisa Su says the $500 million upgrade in the company s Instinct GPU 2024 sales forecast was based on the completion of some important customer milestones such as meeting reliability requirements in data centers and optimizing the chips on certain AI workloads.
Publication: CRN
AMD brand mentions
He Sold His AI Company To AMD For $665 Million. Now He Wants To Supercharge AI Research In Europeedit
The Silo AI cofounder sold his startup to American chip giant AMD for $665 million in July and now has set up a foundation to fund up to 15 AI researchers across Europe. The initial grant from Sarlin s Foundation PS was worth over $10 million and is linked with the Finnish government carving out a $10 million annual budget for a new AI research lab.
Publication: Forbes
Competition in news
Qualcomm Snapdragon summit: Get ready for the next gen flagship smartphonesedit
The stage for the next wave of flagship smartphone wars has been set. Just weeks after rivals Apple and MediaTek unveiled their flagship A18 Pro and Dimensity 9400 chips, Qualcomm has lifted the covers from its latest topshelf Snapdragon 8 Elite mobile chip at last week s Snapdragon Summit in Hawaii.
Publication: Live Mint
Nvidia s Bullish Stance on India Creates Optimism for Homegrown AI Start Upsedit
Nvidia s focus on India also highlights its intent to penetrate into the market Neil Shah, vice president of research at Counterpoint Technology Market Research, told Bloomberg that India is the only market remaining for the chaip gain and hence it isn’t surprising that Nvidia wants to put multiple eggs in that basket
Publication: Outlook Business
NVIDIA Ethernet Networking Accelerates World’s Largest AI Supercomputer, Built by xAIedit
NVIDIA today announced that xAI s Colossus supercomputer cluster comprising 100,000 NVIDIA Hopper GPUs, achieved this massive scale by using the NVIDIA Spectrum X Ethernet networking platform, which is designed to deliver superior performance to multitenant, hyperscale AI factories using standards based Ethernet, for its Remote Direct Memory Access network.
Publication: Analytics India Magazine
Apple Vs Nvidia: iPhone Maker Pips Home Of Blackwell Chips To Become The Largest Company In The Worldedit
Apple Overtakes Nvidia In a recent development from around that corner, Nvidia, a company that in many ways is at the centre of the AI revolution or at least the company that appears to have benefitted the most from this surge in the prospects of AI has lost the throne of the largest company in the world.
Publication: Free Press Journal
The rise and decline of Inteledit
These were among the first chips that could be programmed to perform specific functions, unlike previous processors that were hardwired only for a certain task a turning point in the history of the semiconductor industry that laid the groundwork for the development of CPUs.
Publication: The Print
Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Backedit
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
Publication: Reuters
Intel Core Ultra 9 285K CPU Review: New direction for AI PCs, and Inteledit
The Core Ultra 9 285K marks an important milestone for Intel as it makes a giant leap in a new direction. But will the renewed focus on efficiency over raw performance in this new generation of CPUs, pay off read more Pros: Massive gains in efficiency
Publication: First Post
Partner in news
Dell Technologies Forum 2024 India Edition Depicts How Businesses Can Ace Future Of Work With AIedit
The sessions explored a dynamic conversation on the concept .The Next is Now,& where Alok Ohrie, President and Managing Director, Dell Technologies India; Peter Marrs, President, Asia Pacific & Japan, Dell Technologies; and Matt Dunfee, SVP, Global Presales, Dell Technologies shared insights with a particular focus on the NVIDIA AI Factory and how it addresses the needs of today, tomorrow, and the future.
Publication: It Voice
Asus India Celebrates Opening Of 300th Store In Bengaluru, Strengthening Retail Expansionedit
The 300th ASUS store is another milestone in a journey that has seen ASUS grow from 50 stores in 2020 to 300 stores now in 2024. Dedicated to ensuring utmost customer satisfaction, the brand is keen on further expanding its physical presence to enhance customer experience. Since launching the ASUS e-shop in 2021, the brand has continuously built a robust network covering over 400 districts in India and aiming to expand their presence in 600+ districts in the coming two years.
Publication: It Voice
MSI Launches X870e And X870 Motherboards: Empowering The Future Of AI And Gamingedit
MSI has introduced its X870E and X870 motherboards, designed to fully utilize AMD Ryzen™ 9000 Series desktop processors. The lineup includes four models: MEG X870E GODLIKE, MPG X870E CARBON WIFI, MAG X870 TOMAHAWK WIFI, and PRO X870-P WIFI. These motherboards are equipped with top-tier components, innovative features, and MSI’s exclusive technologies, delivering high performance and ease of use for PC builders and users.
Publication: It Voice
Industry news
Gartner forecasts worldwide semiconductor revenue to grow 14% in 2025edit
Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner, Inc.
Publication: The Economic Times
From planes to chips to laptops, India is building manufacturing ecosystemedit
India wants to boost domestic manufacturing of IT hardware products like laptops, tablets and servers. The government is likely to offer some concessions in import quotas to electronic hardware manufacturing companies that can step up domestic production under the production-linked incentive (PLI) scheme for information technology (IT) hardware, people with knowledge of the matter have told ET.
Publication: The Economic Times
Banking and AI: AWS s Kiran Jagannath explains how financial services in India is undergoing transformationedit
Indianexpress.com sat with Kiran Jagannath, head of financial services industry and conglomerates, AWS India and South Asia, to understand how the Amazon wing is impacting the banking, financial services, and insurance (BFSI) sector at a time when generative AI is dominating every industry.
Publication: The Indian Express
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