News AMD increases Instinct MI1300 sales guidance to $4 billion — pales in comparison to Nvidia's $40B projection

[Admin]

AMD starts looking at sales of datacenter GPUs more optimistically, expects sales of Instinct MI300, other processors to top $4 billion in 2024.

AMD increases Instinct MI1300 sales guidance to $4 billion — pales in comparison to Nvidia's $40B projection : Read more

 

[vanadiel007]

Crazy world when $4 Billion is considered not much...

 

[Eximo]

Depends how you look at it. Keep in mind that the people buying these devices expect a return on that investment.

AMD: 233 Billion market cap. 6 billion in revenue last year, only 667 million net profit. ~26000 employees

Nvidia 2.15 Trillion market cap. 22 billion in revenue last year, 12.28 billion net profit. Also ~26,000 employees

As usual contractors, suppliers, etc and all their employees not listed, so how many people actually directly make a living off of their production is harder to put a figure too.

But it shows you a rough estimate how much money it takes to turn a relatively small profit.

 

[ekio]

Since when, in a sane world, 4 billion is *pale* in comparison to anything ?

What's the point of this article? Hey look, they are ridiculous, they are only very rich compared to other ones that are super very rich ?

 

[thisisaname]

Still better than Intel is doing.

 

[rluker5]

I wonder if this will get AMD around to fixing the leftover locals vulnerability that specifically affects the MI300 series in the context of LLMs?
https://www.amd.com/en/resources/product-security/bulletin/amd-sb-6010.html

LeftoverLocals

LeftoverLocals: a vulnerability that allows data recovery from GPU memory created by another process on Apple, Qualcomm, and AMD GPUs

leftoverlocals.com

Not really the best for AI cloud providers.

 

[NeoMorpheus]

What's the point of this article?

Simple, part of their daily routine to crap on AMD.

Rarely any such articles are positive.

 

[NinoPino]

AMD starts looking at sales of datacenter GPUs more optimistically, expects sales of Instinct MI300, other processors to top $4 billion in 2024.

AMD increases Instinct MI1300 sales guidance to $4 billion — pales in comparison to Nvidia's $40B projection : Read more

The title seems to be wrong or we are back from the future, it is written MI1300 instead of MI300.

 

[Pierce2623]

Isn’t getting 10% of the sales Nvidia is getting basically a straight up 9% market share gain from zero? That’s actually encouraging considering Nvidia was the only show in town.

 

[Pierce2623]

Depends how you look at it. Keep in mind that the people buying these devices expect a return on that investment.

AMD: 233 Billion market cap. 6 billion in revenue last year, only 667 million net profit. ~26000 employees

Nvidia 2.15 Trillion market cap. 22 billion in revenue last year, 12.28 billion net profit. Also ~26,000 employees

As usual contractors, suppliers, etc and all their employees not listed, so how many people actually directly make a living off of their production is harder to put a figure too.

But it shows you a rough estimate how much money it takes to turn a relatively small profit.

Just for the record, Nvidia has 30,000 employees. Not 26,000. The AMD number is right. Considering Nvidia concentrates EVERYTHING on GPGPU computing and Radeon is a tiny shithole in the closet of the CPU department at AMD, it’s kind crazy AMD gets as close as they do in overall GPU performance. Intel…the less said the better.

 

[Colif]

Simple, part of their daily routine to crap on AMD.

Rarely any such articles are positive.

Didn't you know we have the writer of Userbenchmark working for us? No Good news for AMD without a reminder that someone else is a better choice.

 

[Eximo]

Just for the record, Nvidia has 30,000 employees. Not 26,000. The AMD number is right. Considering Nvidia concentrates EVERYTHING on GPGPU computing and Radeon is a tiny shithole in the closet of the CPU department at AMD, it’s kind crazy AMD gets as close as they do in overall GPU performance. Intel…the less said the better.

I used 2023 numbers, no idea if they are accurate (they rarely are) I worked for a fortune 500, I was never counted amongst its employees. Ratio of contractors to employees was about 1.5 to 1, not including suppliers.

 

[Pierce2623]

I used 2023 numbers, no idea if they are accurate (they rarely are) I worked for a fortune 500, I was never counted amongst its employees. Ratio of contractors to employees was about 1.5 to 1, not including suppliers.

I also work for a Fortune 500. I have zero ideas what our numbers are. I’m quite sure I’m counted as a contractor though.

 

[Pierce2623]

I wonder if this will get AMD around to fixing the leftover locals vulnerability that specifically affects the MI300 series in the context of LLMs?
https://www.amd.com/en/resources/product-security/bulletin/amd-sb-6010.html

LeftoverLocals

LeftoverLocals: a vulnerability that allows data recovery from GPU memory created by another process on Apple, Qualcomm, and AMD GPUs

leftoverlocals.com

Not really the best for AI cloud providers.

I wonder if this will get AMD around to fixing the leftover locals vulnerability that specifically affects the MI300 series in the context of LLMs?
https://www.amd.com/en/resources/product-security/bulletin/amd-sb-6010.html

LeftoverLocals

LeftoverLocals: a vulnerability that allows data recovery from GPU memory created by another process on Apple, Qualcomm, and AMD GPUs

leftoverlocals.com

Not really the best for AI cloud providers.

I’m quite sure the MI300 is going mostly to private businesses that don’t want to shell out Nvidia prices. Why would a cloud provider dealing with LLM training want to sell anything other than Nvidia currently? As someone who’s played around with ML a fair amount, Nvidia has such a performance advantage currently that AMD instances would have to be like 1/4 of the price per hour. Maybe even cheaper when you consider how much more work is involved with getting ML stuff running on AMD.