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AMD says that it plans to launch its next major data point centre GPUs , the AMD Instinct MI350 serial , sooner than originally announced .
During the company ’s Q4 2024 earnings call Tuesday , AMD CEO Lisa Su said AMD plan to sample the MI350 with “ lead customers ” this fourth and “ accelerate ” production shipments to “ mid - year . ”
“ So , we had previously state that we thought we would establish [ the MI350 ] in the 2nd one-half of [ 2025 ] , ” Su said . “ And frankly , that bring - up has come up well than we wait , and there ’s very strong client demand , so we are in reality going to pull that production ramp into the middle of the year , which meliorate our relative competitiveness . ”
AMD ’s data plaza receipts pales in equivalence to rival Nvidia ’s , which regularly eclipses ten-spot of billions of dollar mark per twenty-five percent . But AMD has gained ground in the last year , acquiring and retaining customers , including Meta , Microsoft , and IBM .
AMD articulate that sales agreement of AMD Instinct chip reached over $ 5 billion in 2024 , and the company have a bun in the oven its data eye section to grow “ double digits ” in 2025 . Last year , data center tax revenue made up around half ( $ 3.9 billion ) of AMD ’s overall revenue ( $ 7.1 billion ) , the company reported on Tuesday .
“ I believe that the need for AI compute is secure , ” Su continued . “ [ MI350 ] will be a catalyst for the information middle GPU business … We see [ the data center ] business growing to tens of billions as we go through the next couple of years . ”
Investors seemed loosely pleased with AMD ’s fourth - fourth result . The party ’s descent was up 4.58 % as of publish time .