Is AMD Expected to Replace NVIDIA Due to MI300X's Better Performance & Cost?
A recent survey indicates that $Advanced Micro Devices (AMD.US)$'s Instinct MI300X GPUs are gaining traction among AI professionals, with approximately 50% of the 82 engineers and AI experts surveyed expressing a preference for the AMD option over $NVIDIA (NVDA.US)$. They cite a better price-to-performance ratio and greater availability as key factors. This shift suggests AMD's potential breakthrough into the competitive AI market.
Additionally, Jeff Tatarchuk, co-founder of TensorWave, announced that his company plans to use the MI300X AI accelerators, signaling a positive development for AMD, whose Instinct series has historically seen lower adoption levels than competitors like NVIDIA.
Here is how it compares to NVIDIA's H100:
AMD, initially lagging behind Nvidia in the AI chip market last year with Nvidia holding an estimated 80% to 95% market share in AI GPUs, is making strides without needing to overtake Nvidia to benefit from the AI industry's growth. Shifting focus from CPUs, AMD is now enhancing its GPU technology and entering the expanding AI sector. The company introduced its MI300X AI GPU in December, designed to compete with Nvidia and gaining interest from major tech companies. $Microsoft (MSFT.US)$'s Azure became the first cloud platform to adopt AMD's MI300X for AI optimization, leveraging its partnership with OpenAI, while $Meta Platforms (META.US)$ also plans to utilize the chips, signaling a promising future for AMD in AI. Beyond competing in GPUs, AMD is also investing in AI-powered PCs, with projections indicating a surge in PC shipments driven by AI. A report by Canalys forecasts that 60% of PCs shipped in 2027 will feature AI capabilities.
Bryson from Wedbush Securities highlighted that Nvidia has distinguished itself with the development of CUDA, a parallel computing platform and programming model. While this doesn't necessarily mean Nvidia's GPUs are inherently superior, the company has created a robust ecosystem around CUDA, complete with its own programming language and a toolkit offering efficient, pre-written code libraries for developers. Although Nvidia leads the market, AMD is positioning itself as a strong second in the AI chip sector, competing against companies like Intel. AMD's stock has surged by approximately 143% in the past year due to rising demand for AI chips. However, Jeffrey Macher of Georgetown University's McDonough School of Business speculates that Nvidia may struggle to meet the growing demand for AI chips alone, suggesting the industry will likely see an influx of new competitors.
Source: WCCFTECH, Yahoo Finance, MarketPlace
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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10baggerbamm : and this is an assumption that Nvidia doesn't evolve to the next generation chip bottom line is AMD is inferior in every way shape and form and everyone tries to call the demise of a market leader like in video and everybody cumulatively agrees that we are in the greatest phase right now larger than the industrial revolution that took place in the 1880s with interchangeable parts greater than the internet and personal computer build out of the 1980s and 1990s. there is a clear defined leader at this point will they be still defined in 5 years I don't know but for right now why try to come up with second Best buy both of them because a rising tied lifts All ships.
At what cost : The only way that would happens is if nvda has major delivery issues, in order words-tsmc doesn’t produce enough in time
NoahK : Boy it will take minimum a decade for AMD to catch up nVidia today.
After 10 years, nVidia will be 20 years ahead.
103979298 : moderation as competitive
eldritch : depends on on operating cost and research and development they might be tied in a few years who knows
73744816 10baggerbamm : Well said!
passionate Auroch_84 : it will go higher
Money Thrill 73744816 : Indeed, the Winner takes it all ..ABBA - The Winner Takes It All (1980) HD 0815007