AMD unveils new chips for artificial intelligence amid increasing competition with Nvidia and Intel

Lisa Su, Chairman and CEO of Advanced Micro Devices Inc. (AMD), during the AMD Advancing AI event in San Jose, California, US, on Wednesday, December 6, 2023. Advanced Micro Devices Inc. revealed… It is called accelerator chips that it said would be able to run AI programs faster than competing products. Photographer: David Paul Morris/Bloomberg via Getty Images

David Paul Morris | Bloomberg | Getty Images

AMD on Monday announced new artificial intelligence chips as it seeks to establish itself as a leader amid competition with the likes of Nvidia and Intel.

“AI is our top priority and we are at the beginning of a very exciting time for the industry as AI transforms almost every business, improves our quality of life, and reshapes every part of the computing market,” President and CEO Lisa Su said during the Computex technology conference in Taipei.

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