[ad_1]
By Dhirendra Tripathi
Investing.com – Superior Micro Gadgets inventory (NASDAQ:) climbed greater than 7% Monday on touchdown a contract with Fb-parent Meta (NASDAQ:) that might permit the previous to place its chips in Fb’s information facilities.
The chipmaker held its Accelerated Knowledge Middle Premiere occasion right now, when it made the announcement.
AMD has established itself as a critical contender out there for information middle chips, having earlier struck offers with Alphabet’s (NASDAQ:) Google Cloud, Amazon Internet Companies (NASDAQ:) and Microsoft’s Azure (NASDAQ:).
The corporate, having confirmed itself as a worthy competitors to Intel (NASDAQ:), is now taking up bigger rivals equivalent to Nvidia (NASDAQ:) in supercomputing markets.
The corporate introduced a chip known as the MI200 which is an ‘accelerator’ designed to hurry up sure duties like machine studying and AI.
Oak Ridge Nationwide Laboratory (NYSE:) in Tennessee will use the brand new chip in its ‘Frontier’ supercomputing system, AMD mentioned.
The brand new chip is designed to tackle Nvidia’s A100 chip, which, together with different chips designed to hurry up AI, has helped make it essentially the most priceless U.S.-listed semiconductor firm, with a market cap of $765.3 billion, greater than 4 occasions AMD’s $175.3 billion.
[ad_2]
Source link
