AMD's AI chips could match Nvidia's offerings, software firm says


FILE PHOTO: People stand at the AMD booth during the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo

(Reuters) -Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia Corp, with a future path to matching their performance, according a Friday report by an AI software firm.

Nvidia dominates the market for the powerful chips that are used to create ChatGPT and other AI services that have swept through the technology industry in recent months. The popularity of those services has pushed Nvidia's value past $1 trillion and led to a shortage of its chips that the Nvidia says it is working to resolve.

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