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Reading: AMD Launches New AI-Enabled Semiconductors for Business PCs
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AMD Acquisition ZT Systems
PhotoNews Pakistan > Tech > AMD Launches New AI-Enabled Semiconductors for Business PCs
Tech

AMD Launches New AI-Enabled Semiconductors for Business PCs

Web Desk
By Web Desk Published April 17, 2024 2 Min Read
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In this illustration from March 6, 2023, a smartphone featuring the AMD logo is positioned on a computer motherboard. Photo Credit: Dado Ruvic/Reuters/Illustration.
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Advanced Micro Devices (AMD) introduced a new series of semiconductors designed for AI-enabled business laptops and desktops on Tuesday to capture a larger share of the burgeoning AI PC market.

AMD announced in a press release that these chips would be integrated into HP and Lenovo systems starting in the second quarter of 2024.

AI-enabled PCs can directly operate large-language models and technology-driven apps on the devices, bypassing cloud computing.

AMD has a new AI computer chip to compete with Nvidia and Intel https://t.co/aMgYmTTYkX

— Quartz (@qz) April 16, 2024

The company revealed its latest Ryzen PRO 8040 Series, which targets business laptops and mobile workstations. The AMD Ryzen PRO 8000 Series also caters to desktop processors for business environments.

Following the announcement, AMD’s stock increased by more than 2% in early trading.

Industry experts suggest that the emergence of AI PCs may revive the PC market as consumers seek to upgrade to newer, AI-capable systems.

The rise of generative AI technology has sharply increased the demand for advanced semiconductors that support sophisticated AI applications.

In the AI PC sector, AMD competes with giants like Intel and Nvidia, the latter being renowned for its leadership in graphics processing units (GPUs).

UBS predicts that the AI industry's revenue will grow at a CAGR of ~72% from $83B in 2024 to $420B in 2027 — here are the top players to capitalize on the first wave of AI 👇🏼

• Hardware Foundation | $NVDA leads with AI chips, challenged by $AMD & $INTC.

• Chip Innovation |…

— Shay Boloor (@StockSavvyShay) April 15, 2024

In January, AMD launched the Ryzen 8000G Series of desktop chips, which are designed to handle the intensive workloads associated with AI tasks.

Simultaneously, Nvidia introduced its “GeForce RTX SUPER” desktop GPUs and announced collaborations with Acer, ASUS, Dell Technologies, HP, Lenovo, and Samsung to feature this technology in their upcoming AI laptops.

Intel has also projected ambitious plans, stating in January that it expects to ship approximately 40 million AI PCs in 2024.

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