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VisitWill AMD revise its AI market forecast upwards again by end of 2025?
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Official announcements from AMD
AMD Unveils EPYC 'Turin' Chip with 192 Cores and 37% Speed Gain, Forecasts $500 Billion AI Market by 2028
Oct 10, 2024, 04:17 PM
AMD CEO Lisa Su unveiled the company's latest EPYC data center chip, named Turin, during the Advancing AI 2024 event. The Turin chip features up to 192 processor cores and is built on the Zen 5 architecture, promising a 37% speed gain for advanced AI data processing. AMD claims that Turin will outperform the newest Intel chips, enhancing its competitive position in the market. Additionally, AMD announced the Instinct MI325X chip, aimed at generative AI applications. Lisa Su highlighted that the AI accelerator market is expected to grow to $500 billion by 2028, with a compound annual growth rate (CAGR) of over 60%. The company also noted that its previous market estimate for AI was revised upwards from $400 billion to $500 billion by 2028, reflecting a 25% year-over-year increase. AMD's advancements in AI technology and data center solutions were central themes of the event, which aimed to provide insights into the company's future direction in the rapidly evolving AI landscape.
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