AMD introduces AI chips for business laptops and desktops
Tweet
Share
E-mail
FILE PHOTO: The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of the lucrative "AI PC" market.
These chips are expected to be available in platforms from HP and Lenovo starting in the second quarter of 2024, AMD said in a press release.
AI-enabled PCs are capable of running large-language models and apps powered by the technology directly on the device, instead of the cloud.
AMD said its latest Ryzen PRO 8040 Series was built for "business laptops and mobile workstations" while its AMD Ryzen PRO 8000 Series was a desktop processor for business users.
Its shares were up more than 2% in early trading.
Experts have pinned a possible recovery in the PC market on the introduction of AI PCs, as consumers look to upgrade their systems with the new capabilities.
The advent of generative AI technology has led to towering demand for advanced semiconductors that can be used to develop and run complex AI programs.
In the market for AI PCs, AMD faces intense competition from Intel and AI chip front-runner Nvidia, hailed as a leader for graphics processing units (GPUs).
AMD introduced the Ryzen 8000G Series of desktop chips in January, targeted towards the heavy workloads that come along with AI-based tasks.
On the same day, Nvidia unveiled its own AI PC chips - the "GeForce RTX SUPER" desktop GPUs - saying Acer, ASUS, Dell Technologies, HP, Lenovo, and Samsung will release AI laptops featuring its technology.
Intel also said in January it expects to "ship approximately 40 million AI PCs in 2024 alone".
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Devika Syamnath)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: AMD WULF SOFI ORCL RIVN GOOGL NFLX IREN MSTR MRVL
- Wells Fargo cautious on AT&T, Verizon and T-Mobile as Starlink looms
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
Create E-mail Alert Related Categories
AI, General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
