News AMD Cites 7x Increase in AI Engagements, MI300A and MI300X GPU on Track

[Admin]

AMD released its Q2, 2023 financial report, citing strong financials that beat projections, but a lower-than-expected guide for Q3.

AMD Cites 7x Increase in AI Engagements, MI300A and MI300X GPU on Track : Read more

 

[hannibal]

Well, well here goes AMDs production capacity 😉

 

[bit_user]

AMD has been trying to compete in the AI sector for so long, and it's been pretty sad to watch. If they can't get any traction now, they should just hang up their hat and move on. That, or maybe use some of that lofty stock price to buy someone like Cerebras or Tenstorrent.

Also, I'm sort of hoping those new GPUs include a 7950 XTX, although probably the most I'd realistically consider would be a 7800 XT.

 

[Jimbojan]

AMD actually lost money on the quarter if not for it to get the money back from its previous taxes; it is like Intel, except Intel has been paying taxes for many years, therefore it gets a large sum of money back for the profit, where AMD gets only $27M back.