2024 To Be A Big Year For AMD In The AI Segment, Orders Expected From Microsoft & Others

wccftech.com:

AMD's AI segment will witness a tremendous "upturn" in the coming years since the prominent analyst Ming-Chi Kuo disclosed a "rapid growth" in the company's future revenue.

If we place Team Red and Team Green in comparison, AMD has been overshadowed by NVIDIA's dominance in the AI domain, mainly due to the company's "early" efforts towards capitalizing on the AI frenzy, coupled with the superior software resources NVIDIA has. However, industry experts have hinted at the fact that AMD is expected to make a comeback soon, which can occur as soon as 2024.

AMD’s AI chip shipments are expected to grow rapidly in 2024 & 2025 / AMD 2024 & 2025年AI晶片出貨預期將快速成長https://t.co/6fsrZF4pOB

— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) October 10, 2023

In a post on Medium, highly reputed analyst Ming-Chi Kuo reveals that AMD's AI chip shipments could see a decent increase in 2024. However, when compared to the lion's share of NVIDIA, the shipments are expected to amount to 10% of NVIDIA's "CoWoS-based" ones. This clearly portrays the fact that NVIDIA currently has the throne in the AI industry, and to come even close to the company will require huge efforts and several years. AMD has plans to acquire startups such as Nod.ai to catalyze their developments on AI software resources, but for now, a lot of work needs to be done.

Kuo forecasts the following for the AI segment between 2024-2025:

Moving on, the analyst predicts that Microsoft will be AMD's largest customer, amounting to the majority of the share in the company's AI shipments. Firms like Meta and Amazon are also looking at AMD as an alternative, but this yet again depends on how AMD delivers to Microsoft. Speaking of Microsoft, we reported that the company in collaboration with OpenAI is