AMD is betting big on GPUs. They recently released the MI300, which has "2x transistors, 2.4x memory and 1.6x memory bandwidth more than the H100, the top-of-th

AMD is betting big on GPUs. They recently released the MI300, which has "2x transistors, 2.4x memory and 1.6x memory bandwidth more than the H100, the top-of-the-line artificial-intelligence chip made by Nvidia" (https://www.economist.com/business/2024/01/31/could-amd-break-nvidias-chokehold-on-chips https://www.economist.com/business/2024/01/31/could-amd-brea...). They very much plan to compete in this space, and hope to ship $3.5B of these chips in the next year. Small compared to Nvidia's revenues of $59B (includes both consumer and data centre), but AMD hopes to match them. It's too big a market to ignore, and they have the hardware chops to match Nvidia. What they lack is software, and it's unclear if they'll ever figure that out.