AMD has announced that it will unveil its next generation of data center GPUs, the AMD Instinct MI350 series, earlier than initially scheduled.
In the Q4 2024 earnings call held on Tuesday, AMD’s CEO, Lisa Su, revealed that the company plans to begin sampling the MI350 with “key customers” in the current quarter and aims to “accelerate” production shipments by “mid-year.”
“We initially anticipated launching [the MI350] in the latter half of [2025],” Su stated. “However, the development has progressed more favorably than we had projected, and the demand from clients is exceptionally strong, prompting us to advance the production increase to mid-year, thereby enhancing our competitive edge.”
While AMD’s data center revenue falls short of that of Nvidia, which regularly generates tens of billions per quarter, AMD has made significant strides over the past year by securing and retaining clients such as Meta, Microsoft, and IBM.
AMD reported that its sales of AMD Instinct chips surpassed $5 billion in 2024, and it anticipates growth in its data center segment of “double digits” in 2025. Last year, data center revenue accounted for about half ($3.9 billion) of AMD’s total revenue ($7.1 billion), according to the company’s report on Tuesday.
“I firmly believe that the demand for AI computing remains robust,” Su elaborated. “[MI350] will serve as a catalyst for our data center GPU sector… We expect the [data center] business to expand into the tens of billions in the coming years.”
Investors appeared to respond positively to AMD’s fourth-quarter performance, with the company’s stock rising by 4.58% at the time of publication.
Compiled by Techarena.au.
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