AMD unveils new AI chips, targeting Nvidia in a market expected to surpass $500B by 2028.

AMD recently launched its MI350 series of AI accelerators and revealed plans for the MI400 series, positioning itself as a strong competitor to Nvidia in the booming AI chip market. The company's AI strategy has received positive reviews from analysts and endorsements from major tech companies, including Microsoft and OpenAI. AMD predicts the AI chip market will exceed $500 billion by 2028 and expects its new Helios server, based on the MI400 series, to challenge Nvidia's dominance. The company's advancements in software and hardware design, along with strategic acquisitions, aim to boost its AI capabilities.