AMD has announced an expedited launch of its next data center GPU, the Instinct MI350 series, pushing the production ramp-up from late 2025 to mid-2024. CEO Lisa Su highlighted strong customer demand and improved development timelines during the Q4 2024 earnings call, indicating a brighter competitive position against Nvidia. Last year, AMD's data center revenue was $3.9 billion, contributing to half of its overall revenue, and it expects double-digit growth for 2025, buoyed by a strong demand for AI compute in the coming years.
So, we had previously stated that we thought we would launch [the MI350] in the second half of [2025], and frankly, that bring-up has come up better than we expected.
I believe that the demand for AI compute is strong; we see [the data center] business growing to tens of billions as we go through the next couple of years.
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