AMD Aims for Bigger Share of Booming AI Chip Market with New MI300X GPUs

AMD is preparing to compete with Nvidia in the lucrative AI chip market with its new MI300X accelerators.

Major companies like Microsoft are showing interest in using AMD's new GPUs for AI applications.

The AI chip market is expected to reach over $150 billion by 2027, presenting a big opportunity for AMD.

AMD CEO Lisa Su believes AI will transform the global economy over the next decade.

Su wants AMD to capture a significant portion of the fast-growing AI infrastructure spending.