AMD gains on Nvidia? Lisa Su reveals new chips in heated AI inference race
Investing.com -- Advanced Micro Devices Inc (NASDAQ:AMD) made an aggressive bid for dominance in AI inference at its Advancing AI event Thursday, unveiling new chips that directly challenge NVIDIA Corporation's (NASDAQ:NVDA) supremacy in the data center GPU market. AMD claims its latest Instinct MI355X accelerators surpass Nvidia's most advanced Blackwell GPUs in inference performance while offering a significant cost advantage, a critical selling point as hyperscalers look to scale generative AI services affordably.
The MI355X, which has just begun volume shipments, delivers a 35-fold generational leap in inference performance and, according to AMD, up to 40% more tokens-per-dollar compared to Nvidia's flagship chips. That performance boost, coupled with lower power consumption, is designed to help AMD undercut Nvidia's offerings in total cost of ownership at a time when major AI customers are re-evaluating procurement strategies.
'What has really changed is the demand for inference has grown significantly,' AMD CEO Lisa Su said at the event in San Jose. 'It says that we have really strong hardware, which we always knew, but it also shows that the open software frameworks have made tremendous progress.'
AMD's argument hinges not just on silicon performance, but on architecture and economics. By pairing its GPUs with its own CPUs and networking chips inside open 'rack-scale' systems, branded Helios, AMD is building full-stack solutions to rival Nvidia's proprietary end-to-end ecosystem. These systems, launching next year with the MI400 series, were designed to enable hyperscale inference clusters while reducing energy and infrastructure costs.
Su highlighted how companies like OpenAI, Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) are now running inference workloads on AMD chips, with OpenAI CEO Sam Altman confirming a close partnership on infrastructure innovation. 'It's gonna be an amazing thing,' Altman said during the event. 'When you first started telling me about the specs, I was like, there's no way, that just sounds totally crazy.'
Oracle Corporation (NYSE:ORCL) Cloud Infrastructure intends to offer massive clusters of AMD chips, with plans to deploy up to 131,072 MI355X GPUs, positioning AMD as a scalable alternative to Nvidia's tightly integrated, and often more expensive, solutions. AMD officials emphasized the cost benefits, asserting that customers could achieve double-digit percent savings on power and capital expenditures when compared with Nvidia's GPUs.
Despite the positive news, AMD shares were down roughly 2% ahead of market close. Wall Street remains cautious, but AMD's moves suggest it is committed to challenging Nvidia's leadership not only with performance parity, but also with a differentiated value and systems strategy.
While Nvidia still commands more than 90% of the data center AI chip market, AMD's targeted push into inference, where workloads demand high efficiency and lower costs, marks a strategic front in the battle for AI dominance. With generative AI models driving a surge in inference demand across enterprises, AMD is betting that performance per dollar will matter more than ever.
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Please visit the source: ] Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Salt Lake City Facility's production capacity, and Defendants' progress in developing the same, was overstated; (2) the overall value of the SRR Contract was overstated; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times. In March 2022, Red Cat announced that Teal had been selected by the U.S. Department of Defense's Defense Innovation Unit and the U.S. Army to compete in Tranche 2 of the U.S. Army's Short Range Reconnaissance Program of Record (the 'SRR Program'). 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The Kerrisdale Report also alleged that Defendants had been misleading investors about the Salt Lake City Facility's production capacity for years, while also raising concerns about the timing of executive departures and insider transactions that took place shortly after Red Cat announced it had won the SRR Contract. On this news, Red Cat's stock price fell $2.35 per share, or 21.54%, over the following two trading sessions, to close at $8.56 per share on January 17, 2025. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Red Cat's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Red Cat class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit
