AMD Announces "Advancing AI" Event: Next-Gen Instinct GPUs and AI Strategy Unveiling

AMD's Advancing AI Event Announced For June 12; Featuring Next-Gen Instinct GPUs & Major AI Announcements

AMD has announced its "Advancing AI" event for this year, where Team Red is expected to showcase the firm's AI vision and next-gen Instinct GPUs. AMD's Advancing AI Event Will Depict The Company's AI Vision & How They'll Proceed With The Segment In The Future AMD's Advancing AI event is immensely important for the enterprise and data center markets, given that it directs the company's future in the segment, especially since competitors like NVIDIA are giving it their all to maintain relevancy in the industry. Team Red's AI journey hasn't been as dominating as Team Green, but the firm has plans on capitalizing on the market segment and, with the Advancing AI event, we could very well see announcements that might change the firm's trajectory in the AI markets. The event is mostly dedicated to AMD's AI portfolio, and one of the major announcements we are anticipating is of next-gen Instinct accelerators, likely the Instinct MI355X accelerator, which will be the first to leverage TSMC's 3nm process along with featuring 288 GB HBM3E memory. Along with this, Team Red is also expected to give a rundown on its next-gen Instinct MI400 AI lineup as well, which is said to be revolutionary in terms of computational performance. The industry event will showcase the company's bold vision for AI, announce the next generation of AMD Instinct GPUs, AMD ROCm open software ecosystem progress, and reveal details on AI solutions for hyperscalers, enterprises, developers, startups and more. - AMD Along with this, AMD is also expected to announce an update to its AI software stack, the ROCm, which is seeing massive development over the years with the aim of rivaling NVIDIA's CUDA. While we are unaware of the specifics of the announcements for now, Advancing AI is always a pivotal event, since it depicts how Team Red with move with the AI hype into the future. The event is set to start at 9:30 a.m. PT/12:30 p.m. ET on Thursday, June 12, and can be viewed through livestream at AMD's official YouTube channel.

AMD sets date for AI-focused event unveiling new GPUs By Investing.com

SANTA CLARA, Calif. - Advanced Micro Devices, Inc. (NASDAQ:AMD), currently trading at $78.21 and showing signs of being undervalued according to InvestingPro analysis, announced Wednesday that it will host "Advancing AI 2025," an event on June 12, 2025, dedicated to its artificial intelligence (AI) initiatives. The event will highlight AMD's strategy for AI and introduce the latest AMD Instinct GPUs and developments in the AMD ROCm open software ecosystem. With revenue growth of nearly 14% in the last twelve months and a strong gross profit margin of 53%, the company will discuss AI solutions tailored for various sectors including hyperscalers, enterprises, and startups. AMD's Chair and CEO, Dr. Lisa Su, alongside AI ecosystem partners, customers, and developers, will explore how AMD's products and software are influencing the AI and high-performance computing fields. The event is set to be both in-person and available via a live stream starting at 9:30 a.m. PT on the AMD YouTube channel. For over five decades, AMD has been a key player in high-performance computing, graphics, and visualization technologies, with its products being integral to a wide range of users from global businesses to scientific research institutions. The upcoming event is poised to offer insights into the company's next-generation technologies and collaborations that aim to advance the AI industry. This announcement is based on a press release statement from AMD. In other recent news, Advanced Micro Devices (AMD) has made several notable announcements. AMD reported that its 5th Gen EPYC processors are now powering Oracle Cloud Infrastructure's Compute E6 Standard shapes, promising significant performance and cost-to-performance improvements for enterprise and cloud applications. Meanwhile, AMD has completed the acquisition of ZT Systems for $4.9 billion, aiming to leverage its AI infrastructure expertise while planning to sell off the manufacturing assets. Stifel analysts have maintained a Buy rating for AMD with a $162 price target, anticipating that the acquisition will eventually enhance AMD's financial performance by 2026. In contrast, KeyBanc Capital Markets downgraded AMD's stock from Overweight to Sector Weight due to concerns about the company's AI business in China and increased competition from Intel. Despite this, KeyBanc has revised its revenue and earnings projections upward, citing strong demand for certain AMD products. The semiconductor industry is facing challenges due to new tariffs announced by the U.S. government, with potential indirect impacts on AMD through supply chain disruptions. Investors are closely watching these developments as AMD navigates competitive pressures and market dynamics.