#amd

#amd

"AMD failed us," decried Gamers Nexus, pointing out that the company's keynote was entirely fixated on AI.

In the years ahead, AI is going to be a multi-layered fabric that gets woven into every level of computing at the personal layer," Tikoo said. "Our AI PCs and devices will transform how we work, how we play, how we create and how we connect with each other.

AMD's Strix Halo, aka " Ryzen AI Max," is a hugely expensive chip that includes some of the most powerful integrated graphics ever made. Though AMD initially marketed it more to AI workloads with its tremendous complement of up to 128GB of RAM, it's also inspired some unprecedented gaming designs - by far the most powerful handheld, the Framework Desktop, and this monster Asus tablet.

Just this morning, analysts at Mizuho reiterated an outperform rating on Advanced Micro Devices ( NASDAQ: AMD) with a price target of $275 from $205. All after AMD announced a long-term deal to become a key supplier to OpenAI's AI infrastructure program. AMD added that the new partnership will allow it to generate billions of dollars in annual revenue. It will also allow it to generate over $100 billion in total revenue from chips over the next few years.

HP ZBooks are synonymous with power, which is why ITPro has reviewed a handful of machines in this lineup so favourably - if all guns blazing performance is what you're looking for, you'd be hard-pressed to look any further. That's because these machines look good and feel great to use, too, thanks to the engineering prowess the manufacturer has shown in building this family of workstations.

AMD has sold 6 gigawatts and $90 billion worth of AI capacity to OpenAI. In addition, the arrangement sets up the ChatGPT maker to purchase up to 10 percent of AMD's shares. The deal inspires extraordinary confidence in Nvidia's biggest competitor. Why? First, OpenAI will use a single gigawatt of Instinct MI450 GPUs for AI calculations. As it happens, this chip design will not be released for another year.

It's been a banner year, so far, for cryptocurrency enthusiasts worldwide. Bitcoin ( CRYPTO:BTC), the world's most popular cryptocurrency, touched an all-time high of $124,457.12 in mid-August before pulling back to around $110,000 in the month's final trading days. With that, Bitcoin was up by 20% (give or take a few percentage points) at the end of August. That's an impressive year-to-date performance, and some commentators are bracing for even higher Bitcoin prices.

During the company's Q2 earnings call, president Martin Lau stated, "From our own perspective, we do have enough chips for training and continuous upgrade of our existing models." Lau emphasized that Tencent is executing numerous software improvements to drive efficiency in inference, allowing for more workloads with the same number of chips.

Nvidia and AMD have agreed to give the US government 15% of their revenues from chip sales in China as a prerequisite for export licenses.

"AMD posted EPS of 48 cents, which missed estimates of 49 cents. However, the company's revenue of $7.69 billion exceeded estimates of $7.42 billion."